Spark New Zealand Partners with Infosys for Strategic IT Transformation

Spark New Zealand Limited ( (AU:SPK) ) has issued an announcement.

Spark New Zealand Limited has announced a strategic IT collaboration with Infosys to transform its technology delivery model, aiming to reduce IT operating costs and enhance digital and AI-driven customer experiences. This partnership will leverage Infosys’ global DevOps and software engineering capabilities while allowing Spark to retain control over its technology strategy. The collaboration is part of Spark’s broader SPK-26 Operate Programme, which seeks to modernize its technology and achieve significant cost efficiencies, targeting a reduction in net labor and operational expenses by FY25.

More about Spark New Zealand Limited

Spark New Zealand Limited operates in the telecommunications industry, providing a range of digital services and solutions. The company focuses on modernizing its technology infrastructure, embedding AI into its operations, and building a resilient and automated network to enhance customer experiences.

YTD Price Performance: -24.30%

Average Trading Volume: 2,540,872

Technical Sentiment Signal: Buy

Current Market Cap: A$3.64B

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