Spark New Zealand sells remaining stake in Connexa tower unit
On completion, Ontario Teachers’ and CDPQ will each own 50 percent of the unit
On completion, Ontario Teachers’ and CDPQ will each own 50 percent of the unit
The company announced a three year data center strategy last year
Following an expansion in Takanini
Spark NZ confirmed that the deal has been given seal of approval
The New Zealand telco also revealed plans to invest in 5G Standalone
The seller has entered a 20-year leaseback agreement with Connexa
As part of the deal, Spark must support the expansion of 5G services to rural areas