Spark’s boost in earnings sets telco on track for 5G
The telco is tying up the final pieces of a three-year plan.
Wed, 21 Aug 2019
Spark New Zealand’s full-year earnings to June 30 were up 12% as the telco trimmed costs.
Although operating revenues stayed flat at $3.5 billion due to declines in legacy voice and managed data products, earnings before income, tax, depreciation and amortisation (ebitda) lifted to $1.09b, up
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