Spark unshoulders burden of network build out with TowerCo sale

Spark unshoulders burden of network build out with TowerCo sale
Passive network infrastructure is a slow moving investment that telcos increasingly see no need to manage. (Image: Getty)
Ben Moore
Spark has secured its future expansion in its deal with TowerCo as it includes a commitment to build 670 additional passive tower sites over the next 10 years.Not only will this ensure that the network Spark uses (and whoever else rents space) will continue to expand but will relieve the telco of the capital expenditure burden.Morningstar telco equity analyst Brian Han said the deal and the promises of future network build show why selling and buying passive tower assets makes sense for both sides.The costThe impending sale of 70% of TowerCo to...

More Infrastructure

Wellington's blue sky boondoggle
Infrastructure

Pattrick Smellie: Wellington's blue sky boondoggle

Is the capital's airport serious, or is Infratil just trying to pump value?

Pattrick Smellie 22 Nov 2024
Experts warn NZ: Australia's local rates cap led to financial crisis
Policy

Experts warn NZ: Australia's local rates cap led to financial crisis

Copying policy from across the Tasman could worsen infrastructure deficit.

Jem Traylen 22 Nov 2024
Transport dominates investment intentions - Treasury
Policy

Transport dominates investment intentions - Treasury

NZTA forecast investments of $120b over the next 10 years, dwarfing other agencies.

Oliver Lewis 20 Nov 2024
ComCom confirms power bill hike
Infrastructure

ComCom confirms power bill hike

Average household power bill to increase by $10 a month from next April.

Ian Llewellyn 20 Nov 2024