Spark outlines more possible asset sales

Spark's CEO Jolie Hodson, left, and chair Justine Smyth. (Image: NZME)

Thu, 31 Oct 2024

Spark New Zealand counts its software transfer business MATTR and its 38.12% shareholding in the trans-Pacific Southern Cross Cables business as “non-core” and potentially for sale.Chief executive Jolie Hodson confirmed these two assets were considered as “non-core” along with its remaining 17% share of mobile phone tower business Connexa, which it is currently actively marketing.In a conference call with investors, Hodson also gave every reason to suppose that the Spark board is weighing whether it should continue with...

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