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Spark New Zealand's profit surged 30% in early 2026 despite revenue decline, fueled by mobile growth and cost cuts.
Spark New Zealand reported a 30.4% rise in adjusted net profit after tax to NZD 73 million for the first half of fiscal 2026, driven by stronger mobile revenue and cost reductions, despite a 1.1% revenue decline to NZD 1.917 billion.
Mobile service revenue grew 1.6%, with higher ARPU and increased uptake of premium plans.
Enterprise and government ARPU declined 7.8% year over year, while broadband revenue held steady at NZD 303 million despite customer losses.
The company improved free cash flow by 84% to NZD 107 million, declared an interim dividend of NZD 0.08 per share, and reaffirmed full-year guidance.
Spark completed a data center sale, reduced its workforce by 23%, outsourced IT and network operations, and is investing in 5G and AI to support long-term growth.
La ganancia de Spark New Zealand aumentó un 30% a principios de 2026 a pesar de la disminución de los ingresos, impulsada por el crecimiento móvil y los recortes de costos.