Ann: Spark announces expanded strategic partnership with HPE, page-5

This commentary on Spark's major competitor from Infratil's March newsletter:

'One NZ continues to perform in line with expectations, demonstrating resilience amid
the current economic challenges in New Zealand. With reduced overall exposure to
the government and enterprise sectors, One NZ is less affected by the downturn

compared to its competitors as it navigates a complex landscape of recession. It also

adjusted its cost base early and has looked to lift pricing where possible to mitigate

these impacts even in the face of ongoing discounting from competitors.

One NZ remains on track to meet the middle point of its FY2026 guidance of NZ$580

to $620 million, as announced in May 2024.

It continues to invest in bold moves such as the Satellite TXT service with Starlink to

drive competitive advantage. More than 300,000 New Zealanders can now experience

the benefits of One NZ Satellite TXT as the initial service widens eligibility to more

devices with message delivery speeding up and are sending over 11,500 text

messages a day. With over 500 Starlink direct to mobile satellites now in space and

a launch plan to grow this significantly, the partner that One NZ has chosen will have

a multi-year advantage over other potential providers. Both businesses and

individuals are recognising the benefits of the coverage now provided, and realising

productivity and health and safety benefits.'

Makes me angry when management blame everything else but themselves for their predicament.
I don't understand how they still have their jobs.