Analysts: No rebound in sight for Spark broadband revenues

Analysts: No rebound in sight for Spark broadband revenues
An analysts' report said fixed wireless is a legacy technology that will soon enter a decline in connections. (Image: NZME)
Ben Moore
Spark should stay the course on its broadband pricing rather than taking a “rip the plaster off” approach and trying to compete on cost, analysts at Forsyth Barr say. The telco has faced some challenges recently, missing its yearly earnings guidance as chief executive Jolie Hodson stated the company could not adapt at the speed at which the economy deteriorated.Revenue from broadband services continues to represent a significant proportion of its overall revenue, but the segment has been in decline year over year since 202...

More Markets

The ‘crack cocaine’ of the stock market
Markets

The ‘crack cocaine’ of the stock market

Gamblers Anonymous meetings are filling up with people hooked on trading and betting.

The wildest, weirdest stock-market prices we’ve ever seen
Markets

The wildest, weirdest stock-market prices we’ve ever seen

Here’s a tour through history’s most entertaining price anomalies.

Light pre-Christmas trading for NZ sharemarket
Markets Market close

Light pre-Christmas trading for NZ sharemarket

The S&P/NZX 50 Index got into the festive spirit and closed at 13,074.74.

Graham Skellern 24 Dec 2024
NZ market cheerful as Christmas approaches
Markets

NZ market cheerful as Christmas approaches

The Index closed at 12,988.03, up 83.92 points or 0.65%

Graham Skellern 23 Dec 2024