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Wireless

Spark to sell 50% stake in Connect 8 to Electra Group

Friday 4 May 2018 | 10:14 CET | News
New Zealand operator Spark has agreed to sell 50 percent of the shares in its subsidiary Connect 8 to electricity distribution company Electra Group. The transaction will also see Connect 8 take full ownership of Electra subsidiary Sky Communications, a telecommunications contractor providing design, build and supply of wireless networks for New Zealand major mobile network owners.

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Categories: Mobile & Wireless
Companies: Spark / Vocus
Countries: New Zealand
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