Telcos earning too little on big infrastructure spend, warns Spark's Moutter

Thu, 11 Feb 2016

By Fiona Rotherham Feb. 11 (BusinessDesk) - Investment in the telecommunications sector has hit $1.7 billion annually but could shrink in future if returns don’t rise, warns Spark New Zealand chief executive Simon Moutter. The Telecommunication Forum today released a Sapere research report on the state of the local sector which found it was investing at one of the highest rates in the OECD - the so-called 'rich countries club' - as a proportion of revenue, was one of the most innovative sectors, and provided services that are competitive...

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