Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  NEW ZEALAND STOCK EXCHANGE  >  Spark New Zealand Ltd    SPK   NZTELE0001S4

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 
The feature you requested does not exist. However, we suggest the following feature:

Vodafone : New Zealand cellco could launch IPO to fund network expansion

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/03/2016 | 01:32pm CEST

New Zealand mobile operator 2degrees is preparing for an initial public offering (IPO) on stock exchanges in New Zealand and Australia, according to press reports. The Australian writes that the firm could be valued at up to NZD800 million (USD543 million), with the stake sale likely to be worth between NZD100 million and NZD150 million. The proceeds will be used to fund network construction, the report suggests. 2degrees is majority owned by US-based Trilogy International Partners, with other shareholders including Amsterdam-based Tresbit and Maori investment group the Hautaki Trust. The cellco is the smallest of three mobile operators in its domestic market behind Vodafone and Spark (formerly Telecom New Zealand).

(c) 2016 PriMetrica, Inc. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on SPARK NEW ZEALAND LTD
05/03 VODAFONE : New Zealand cellco could launch IPO to fund network expansion
05/02 ALLOT : SPK: Notification of Allotment of Securities
04/26 OFFICE : SPK: Spark New Zealand announces changes to Leadership Team
04/21 SPARK NEW ZEALAND : Vauxhall joins Made In Britain Campaign
04/19 SPARK NEW ZEALAND : Vauxhall joins Made In Britain Campaign
04/14 SPARK NEW ZEALAND : welcomes regulatory review
04/14 SPARK NEW ZEALAND : GENERAL: SPK: Spark NZ welcomes direction of Telco Act revie..
04/06 SPARK NEW ZEALAND : acquisition of unused 2.3GHz spectrum cleared
04/04 SPARK NEW ZEALAND : S/HOLDER: SPK: Spark New Zealand Shareholder Newsletter
03/31 SPARK NEW ZEALAND : GENERAL: SPK: Spark New Zealand extends standby facility
Advertisement
Income Statement Evolution
More Financials