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Spark NZ sells 75% stake in its data centres – isn't AI supposed to make money?

Spark NZ (ASX:SPK) has confirmed rumours that surfaced in the AFR over the weekend, reporting it will sell a 75% stake in its existing data centre network for $530M to Australian firm Pacific Equity Partners.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest ...

Jonathon Davidson

1 day ago

ASX News Communication Services Telecom Services

Optus is all set to replace its voicemail system after forging a nearly $3 million deal with Norwood Systems (ASX:NOR) this week.

18 Mar 2025 10:18 (AEDT)

ASX News Communication Services Technology Telecom Services Software - Application

Spacetalk, a company that makes app-linked devices so parents can track kids or whether elderly relatives have fallen – is now dabbling in AI.

Jonathon Davidson

06 Mar 2025 13:33 (AEDT)

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Etherstack Plc has signed a US$1.2M contract with global telecommunications carrier giant AT&T, pushing its shares up

22 Jan 2025 15:10 (AEDT)

ASX News Communication Services Technology Telecom Services Software - Application

In one of the biggest signs of faith in artificial intelligence’s growing future Down Under the market has seen yet, Telstra Group (ASX:TLS) has pulled the trigger on a $700 million investment in AI across its entire business structure.The stapled-on Aussie telecommunications heav...

15 Jan 2025 10:02 (AEDT)

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Ventia Services Group has solidified its working relationship with Telstra through a five-year partnership for these services.

20 Dec 2024 10:38 (AEDT)

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Telecomm titan Telstra (ASX:TLS) has bought out Boost Mobile for AU$140 million after already sharing its network with the smaller player.The move @ first reported by the AFR @ is perhaps fair to call unsurprising. Behind every M@A story, which are often treated with keen interest due to the larg...

Jonathon Davidson

02 Dec 2024 15:52 (AEDT)

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Aussie Broadband (ASX:ABB) has announced its plans to buyback 10% of capital over the next 12 months to fund CapEx and reduce debt.

Jonathon Davidson

27 Nov 2024 13:58 (AEDT)

ASX News Communication Services Telecom Services

The Market Limited has teamed up with Amsterdam-listed fintech player Adyen to deliver an online payments capability for Gumtree.

Jonathon Davidson

04 Nov 2024 10:33 (AEDT)

ASX News Communication Services Telecom Services

Swoop Holdings (ASX:SWP) has lobbed an off-market takeover offer at Vonex (ASX:VN8) with an implied price of 5cps.

Jonathon Davidson

18 Oct 2024 10:34 (AEDT)

ASX News Communication Services Telecom Services

Let’s get straight to the point: of all the smallcaps in the Telecommunications index, The Market Ltd could be one of the most overlooked.

Jonathon Davidson

11 Oct 2024 10:07 (AEDT)

ASX News Communication Services Telecom Services

Washington H Soul Pattinson & Company Ltd reported its earnings and performance for the 2024 fiscal year, alongside Brickworks Ltd

26 Sep 2024 09:11 (AEST)

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Telecommunications company Swoop (ASX:SWP) has grabbed a 16.9% stake in Vonex (ASX:VN8) for an average 4 cents per share, or a total $2.45 million.

Jonathon Davidson

11 Sep 2024 08:59 (AEST)

ASX News Communication Services Telecom Services