Spark New Zealand announces investment plans for next three years
April 5 (Reuters) - Telecommunication firm Spark New
Zealand SPK.NZ on Wednesday said it will invest between NZ$250
million ($157.78 million) and NZ$300 million in the data center
market over the next three years as part of a new strategy.
The company will also invest NZ$40 million to NZ$60 million
in 5G over the next three years.
($1 = 1.5845 New Zealand dollars)
(Reporting by Nausheen Thusoo in Bengaluru)
((Nausheen.Thusoo@thomsonreuters.com;))
Recent news on Spark New Zealand
See all newsTelecom stocks in Australia, NZ slide after SpaceX spectrum deal
Spark New Zealand hits nearly six-month low on trading ex-dividend
Brief: Spark New Zealand Posts FY Adjusted Net Income NZD225 Mln
Brief: Spark New Zealand Says Spark Appoints Vince Hawksworth As Chair
Brief: Spark New Zealand Says SPK-30 Advanced With Strategic Review Of Digital Services