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Infrastructure
Spark reaps benefit of mobile focus as profit gains
Spark New Zealand expects even bigger mobile revenue gains in the current financial year after making inroads into the increasingly valuable market, but has pared back expectations for its wireless broadband growth.The country’s biggest telecommunications company today reported a...
Infrastructure
Fletcher profit down 8%; Rocla for sale
Fletcher Building said first-half net profit fell 8 percent on Australian restructuring costs and as its markets in Australia contracted.Net profit fell to $82 million for the six months ended December compared with $89 million in the same six months a year earlier. The company s...
Infrastructure
Spark profit climbs 9.2% on bigger mobile share
Spark New Zealand lifted first-half profit 9.2 percent as it made inroads into the increasingly valuable mobile market, and continued to benefit from a cost-cutting drive.Net profit rose to $167 million in the six months ended Dec. 31, from $153 million a year earlier. Earnings b...
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