Spark New Zealand will form a fibre construction joint venture with Vocus Communications. Called 'Connect 8', the joint venture is expected to allow Spark Digital to add Vocus Communications construction capability to its network delivery options. It will also give Spark more flexibility, supplier-capacity, and control over delivery time frames. Under the joint venture agreement, Spark will acquire 50 percent of the Vocus construction business. Connect 8 will continue to construct fibre and telecommunications assets for Vocus, Spark and other telecommunication providers in New Zealand. Vocus and Spark will be equally represented on the Connect 8 board and receive equal distributions of profits.
