Telco market growth stalls for big three: Jarden

According to Jarden analysts, Spark made the best deal in its towers sale. (Image: DepositPhotos)

Wed, 24 Jan 2024

Growth in the New Zealand telecommunications market has been labelled “benign” in a recent note from Jarden that looks at the financial performance of the three big telcos.The note, penned by analysts Arie Dekker and Grant Lowe, observed that revenues in the sector have stayed relatively stable, when the sale of passive tower assets is not considered.“Mobile service revenues now exceed fixed with this, together with some diversification (most notably IT services for SPK [Spark]; energy for smaller 2degrees), being sufficient f...

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