Spark New Zealand
Telecommunications company in New Zealand / From Wikipedia, the free encyclopedia
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Spark New Zealand Limited is a New Zealand telecommunications and digital services company providing fixed-line telephone services, mobile phone services, broadband, and digital technology services including cloud, security, digital transformation, and managed services. Its customers range from consumers to small - medium business, government agencies and large enterprise clients. It was formerly known as Telecom New Zealand until it was rebranded to Spark in 2014. It has operated as a publicly traded company since 1990. Spark's mobile network reaches 98% of New Zealand, with over 2.5 million mobile connections and 704,000 broadband connections[4]
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Formerly | Telecom New Zealand |
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Company type | Public |
Industry | Telecommunications |
Predecessor | New Zealand Post Office |
Founded | 1 April 1987; 37 years ago (1 April 1987) |
Headquarters | Auckland, New Zealand |
Area served | New Zealand |
Key people |
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Services | |
Revenue | NZ$3,531,000,000 (2015)[2] |
NZ$962,000,000 (2015)[2] | |
NZ$375,000,000 (2015)[2] | |
Total assets | NZ$3,207,000,000 (2015)[2] |
Total equity | NZ$1,778,000,000 (2015)[3] |
Number of employees | 5,562 (2016)[3] |
Divisions |
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Website |
Spark is one of the largest companies by value on the New Zealand Exchange (NZX). As of 2007, it was the 39th largest telecommunications company in the OECD.[5] The company is part of New Zealand Telecommunications Forum.
Telecom New Zealand was formed in 1987 from a division of the New Zealand Post Office, and privatised in 1990. In 2008, Telecom was operationally separated into three divisions under local loop unbundling initiatives by central government – Telecom Retail; Telecom Wholesale; and Chorus, the network infrastructure division. This separation effectively ended any remnants of monopoly that Telecom Retail once had in the market. In 2011 the demerger process was complete, with Telecom and Chorus becoming separate listed companies.[6] The company changed its name to Spark New Zealand on 8 August 2014.[7]
Spark has 63 retail locations around New Zealand, including 16 in Auckland.[8]