Spark to take bigger Quantum leap as 'Agile' approach offers bigger future savings

Thu, 24 May 2018

By Paul McBeth May 25 (BusinessDesk) - Spark New Zealand expects annual earnings to fall by as much as 2.5 percent this year as it brings forward restructuring costs and accelerates its 'Quantum Programme' to transform the country's biggest telecommunications company into the operator with the lowest costs. The Auckland-based company anticipates earnings before interest, tax, depreciation and amortisation of between $971 million and $991 million in the year ending June 30 as it doubles this year's restructuring costs to $50 million-to-$5...

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