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Spark New Zealand Provides 2021 Annual Meeting Materials

05 Nov 2021  |  11:28:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Spark's 2021 Annual Meeting Materials

Spark New Zealand provided Chair's Address and CEO's Review at 2021 Annual Meeting. It reported mobile service revenue grew 0.5%, or 4.3% when adjusting for the impact of roaming, with market share also growing 1.1% points. In broadband, revenue declined 1.5% in a market that remains competitive, with continued pricing pressure and lower overall market growth. It is investing in the critical infrastructure that enables businesses to innovate and improve efficiency, including emerging technologies like 5G, IoT, and AI.

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