Spark New Zealand Ltd. is selling a majority stake in its mobile-phone tower assets to Canadian pension fund Ontario Teachers’ Pension Plan Board in a NZ$900 million ($550 million) deal.

At the time, Spark said home phone-only plans, and 40GB and 80GB broadband plans, both ADSL and VDSL, would go up by between NZ$2.50 and NZ$4.25 a month. Similar increases were expected to be made ...

The NZ$900 million proceeds from the transaction will enable direct shareholder returns and investment in future growth opportunities to help Spark transition from traditional telecommunications ...

Spark is one such company. Spark's key competitor in New Zealand, One NZ, posted an 8% year-on-year lift in EBITDA to NZD 279 million for the six months to September 2023.

Another customer has found themselves stuck with a “4G”phone that only makes 3G calls as Spark, One NZ and 2degrees prepare to shut down their 3G mobile networks by year’s end (or March next ...

Spark’s stated purpose is “To help all of New Zealand win big in a digital world," a mantra that drives how Spark’s people approach their work. It was a treat to chat with Lisa Chapman, ERP ...

A new mobile phone plan from Spark specifically for children will not stop kids from accessing harmful content online, but it is a good first step, an advocate says.