Successful Data Center Business Transaction
Spark New Zealand reached an agreement to sell a 75% stake in its data center business to Pacific Equity Partners, valuing the business up to NZD 705 million, providing initial proceeds of around NZD 486 million, and allowing Spark to focus its capital investment on core connectivity business.
Cost Reduction Achievements
Delivered NZD 85 million in cost reductions in H2 '25 compared to H2 '24, including a NZD 61 million year-on-year reduction in labor costs and NZD 20 million in product costs.
Strong Mobile Market Position
Spark remains the market leader in mobile services with ongoing ARPU growth expected through price increases and new product developments.
Improved Free Cash Flow Management
Free cash flow remained steady at NZD 330 million, with a focus on reducing CapEx by 17.2% to NZD 429 million to offset earnings decline.