Spark NZ sells 50% stake in services infrastructure unit to Electra Group

Thu, 03 May 2018

By Tina Morrison May 4 (BusinessDesk) - Spark New Zealand is selling half of its Connect 8 services infrastructure unit to electricity distributor Electra Group, in a deal which will see Connect 8 take full ownership of Electra's telecommunication's contractor Sky Communications. Auckland-based Spark says bringing together the complementary capabilities of Skycomms and the Connect 8 business will improve operational efficiencies and speed to market and provide a solid foundation for the rollout of future mobile technology – something that...

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