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Spark New Zealand Limited (ASX:SPK) says it will sell its international voice business to My Net Fone for around $22 million dollars.
The voice business has revenue forecasts of around $3-$4 million per annum. Spark will retain the international data business.
Spark says it has divested the international voice business to concentrate on its New Zealand operations.
The deal follows the recent sale of Telecom Rentals to FlexiGroup for $106 million.
Spark New Zealand recent reported a half year net profit of $141 million for the 2015 financial year.
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Last
$2.36 |
Change
0.030(1.29%) |
Mkt cap ! $4.458B | |||
| Open | High | Low | Value | Volume |
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| SPK (ASX) Chart |