Ann: ASSET: SPK: Spark NZ concludes sale of interest in Telecom...

• Release Date: 23/02/15 17:23
• Summary: ASSET: SPK: Spark NZ concludes sale of interest in Telecom Cook Islands
• Price Sensitive: No
• Download Document  1.16KB

					SPK
23/02/2015 17:23
ASSET
NOT PRICE SENSITIVE
REL: 1723 HRS Spark New Zealand Limited

ASSET: SPK: Spark NZ concludes sale of interest in Telecom Cook Islands

Market Announcement

23 February 2015

Spark New Zealand concludes sale of its interest in Telecom Cook Islands

Spark New Zealand announced today it is has concluded the sale of its 60%
interest in Telecom Cook Islands Limited, the incumbent telecommunications
provider in the Cook Islands, for approximately NZ$23 million to Teleraro
Limited.

Spark New Zealand's strategic ambition is to become a winning business,
inspired by customers to unleash the potential in all New Zealanders.  "The
sale of Telecom Cook Islands is consistent with this strategy and with our
desire to focus principally on our New Zealand operations and on the needs of
New Zealand customers," said Spark New Zealand Managing Director, Simon
Moutter.

- ENDS -

For media queries, please contact:

Andrew Pirie
General Manager Corporate Relations +64 (0) 27 555 0275

For investor relations queries, please contact:

Mark Laing
General Manager Corporate Finance +64 (0) 27 227 5890
End CA:00261011 For:SPK    Type:ASSET      Time:2015-02-23 17:23:38