Spark affirms earnings guidance after regulator keeps wholesale pricing largely unchanged

Wed, 01 Jul 2015

By Paul McBeth July 2 (BusinessDesk) - Spark New Zealand, the country's biggest telecommunications provider, has affirmed annual guidance after the Commerce Commission today said regulated pricing on Chorus's copper line network would largely be unchanged. The Auckland-based company, which is Chorus's biggest customer, said 2015 financial guidance for low single digit growth in earnings before interest, tax, depreciation and amortisation and for a low single digit decline in revenue was unchanged. The company welcomed the regulator's spli...

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