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Spark divests remaining tower assets for $314m

The telco has sold its remaining stake in Connexa to global investment group CDPQ.

NBR Staff Thu, 12 Dec 2024

NZX-listed telecommunications company Spark will sell its remaining stake in its mobile towers business for $314 million. 

In a note to the stock exchange this morning, the company said it was selling its 17% interest in Connexa to Canadian-based global investment group CDPQ.

As part of the deal,

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NBR Staff Thu, 12 Dec 2024
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Spark divests remaining tower assets for $314m
Investment,
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