Spark's wireless broadband key to fatter margins as 5G clouds outlook: FNZC

Mon, 03 Jul 2017

By Paul McBeth July 3 (BusinessDesk) - Spark New Zealand's plans to fatten earnings margins will largely rely on its ability to switch broadband customers to its fixed wireless network, although the next iteration of mobile technology makes the future murkier for the country's biggest telecommunications group, says broking and research house First NZ Capital. Last Friday, Auckland-based Spark outlined an aspiration to lift its earnings before interest, tax, depreciation and amortisation margin to more than 30 percent by 2020 from the 28...

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