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Spark New Zealand Ltd (SPKKY.PK)

SPKKY.PK on OTC Markets Group

14.38USD
14 Dec 2018
Change (% chg)

$-0.29 (-1.98%)
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$14.83
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Latest Key Developments (Source: Significant Developments)

Norwood Systems Says Won Contract To Supply Smartphone Apps & Software Components To Spark New Zealand
Thursday, 6 Dec 2018 06:10pm EST 

Dec 7 (Reuters) - Norwood Systems Ltd ::HAS WON A CONTRACT TO SUPPLY SMARTPHONE APPS AND RELATED SOFTWARE COMPONENTS TO SPARK NEW ZEALAND.CONTRACT FOR SUPPLY OF SOFTWARE LICENCES AND PROFESSIONAL SERVICES WITH ESTIMATED REVENUE TO NORWOOD OF APPROXIMATELY NZD $1.1 MILLION.  Full Article

Spark New Zealand Restates FY19 EBITDAI Guidance To NZ$1,065 Mln-NZ$1,095 Mln
Monday, 3 Dec 2018 02:42pm EST 

Dec 4 (Reuters) - Spark New Zealand Ltd ::UPDATES TO FINANCIAL REPORTING AND ADOPTION OF NZX RULES.RESTATES FY19 EBITDAI GUIDANCE TO NZ$1,065 MILLION TO NZ$1,095 MILLION TO REFLECT ACCOUNTING CHANGES.SPARK'S FY19 DIVIDEND GUIDANCE REMAINS UNCHANGED.RESTATES FY 19 TOTAL REVENUE GUIDANCE TO NZ$3,530 MILLION TO NZ$3,600 MILLION TO REFLECT ACCOUNTING CHANGES.  Full Article

Spark New Zealand Says Pleads Guilty To Commerce Commission Proceedings On Operational And Billing Issues
Monday, 5 Nov 2018 07:28pm EST 

Nov 6 (Reuters) - Spark New Zealand Ltd ::PLEADS GUILTY TO COMMERCE COMMISSION PROCEEDINGS ON TWO OPERATIONAL AND BILLING ISSUES.PLEADED GUILTY TO COURT PROCEEDINGS IN RELATION TO TWO SEPARATE HISTORICAL OPERATIONAL AND BILLING ISSUES.PROCEEDINGS ARE NOT EXPECTED TO HAVE A SIGNIFICANT EFFECT ON FINANCIAL POSITION OR PROFITABILITY OF SPARK.ALL WERE SYSTEM-BASED ERRORS CAUSED BY GENUINE MISTAKES WITH NO MALICIOUS INTENT INVOLVED ON PART OF SPARK.PENALTIES FOR CHARGES TO WHICH SPARK HAS PLEADED GUILTY WILL BE DETERMINED IN DUE COURSE.SPARK HAS ALREADY APPLIED CREDITS TO ACCOUNTS OF ALL IMPACTED CUSTOMERS AND HAS MADE EXTENSIVE EFFORTS TO RETURN ALL AMOUNTS OWED.CHARGE RELATING TO A THIRD ISSUE HAS BEEN WITHDRAWN BY COMMERCE COMMISSION.THERE IS NO CHANGE TO CO'S EXISTING FY19 GUIDANCE.  Full Article

Spark New Zealand Says Board Reaffirms FY19 EBITDA And Dividend Guidance
Thursday, 1 Nov 2018 04:45pm EDT 

Nov 2 (Reuters) - Spark New Zealand Ltd ::REAFFIRMS FY19 EBITDA GUIDANCE OF NZ$1.025 BILLION TO NZ$1.055 BILLION AND FY19 DIVIDEND GUIDANCE OF 25 NZ CENTS PER SHARE.  Full Article

Spark New Zealand Updates FY18 Guidance
Thursday, 24 May 2018 04:32pm EDT 

May 25 (Reuters) - Spark New Zealand Ltd ::CONFIRMS ACCELERATION OF QUANTUM PROGRAMME, UPDATES FY18 GUIDANCE DUE TO ASSOCIATED COSTS OF CHANGE.CONTINUES TO ANTICIPATE PAYING A TOTAL FY18 DIVIDEND PER SHARE OF 25.0C THAT IS AT LEAST 75% IMPUTED..ADJUSTED EBITDA EXCLUDING FY18 COSTS OF CHANGE OF BETWEEN NZ$50 MILLION TO NZ$55 MILLION.ADDITIONAL IMPLEMENTATION COSTS OF BETWEEN NZ$25 MILLION AND NZ$30 MILLION NOW EXPECTED TO BE BROUGHT FORWARD INTO REPORTED FY18 EARNINGS.SEES ADJUSTED FY18 EBITDA NZ$1,026M TO NZ$1,041M.SEES FY18 REPORTED EBITDA BETWEEN NZ$971 MILLION TO NZ$991 MILLION.  Full Article

Spark New Zealand HY Net Earnings Attributable NZ$172 Mln, Down 3.4 Pct‍​
Tuesday, 20 Feb 2018 02:32pm EST 

Feb 21 (Reuters) - Spark New Zealand Ltd ::HY NET EARNINGS ATTRIBUTABLE TO SECURITY HOLDERS NZ$172 MILLION, DOWN 3.4% ‍​.HY OPERATING REVENUE NZ$1.82 BILLION UP 1.6 PCT‍​.INTERIM FIRST HALF-YEAR ORDINARY DIVIDEND 11.0CPS‍​.CAPITAL EXPENDITURE IS EXPECTED TO REMAIN WITHIN THE 11%-12% TARGET FOR FY18‍​.INTERIM FIRST HALF-YEAR SPECIAL DIVIDEND 1.5CPS‍​.ANTICIPATES PAYING A TOTAL FY18 DIVIDEND OF 25.0 CENTS PER SHARE THAT IS AT LEAST 75% IMPUTED.  Full Article

Spark New Zealand Says Grant Mcbeath Appointed As Interim CEO Of Spark HMB
Monday, 22 Jan 2018 04:10pm EST 

Jan 23 (Reuters) - Spark New Zealand Ltd ::SPARK NEW ZEALAND LIMITED - GRANT MCBEATH APPOINTED AS INTERIM CEO OF SPARK HMB.REFERS TO ITS HOME, MOBILE AND BUSINESS DIVISION​ AS "HMB".  Full Article

Spark New Zealand Expects To Start Rolling Out 5g Within Next Few Years
Thursday, 7 Dec 2017 07:12pm EST 

Dec 8 (Reuters) - Spark New Zealand Ltd ::SPARK NEW ZEALAND LIMITED - SPARK PLANNING FOR 5G, SCOTCHES MOBILE MONOPOLY SUGGESTIONS.IT EXPECTS TO START ROLLING OUT 5G WITHIN NEXT FEW YEARS..  Full Article

Spark New Zealand signs deal to buy all shares in Digital Island​
Tuesday, 7 Nov 2017 08:34pm EST 

Nov 8 (Reuters) - Spark New Zealand Ltd :‍Signed deal to buy all shares in Digital Island​.Intends to run Digital Island as a standalone business with it operationally reporting into Spark Ventures & Wholesale unit​.  Full Article

Spark New Zealand says Rural Connectivity Group JV secured funding from government​
Tuesday, 29 Aug 2017 08:55pm EDT 

Aug 30 (Reuters) - Spark New Zealand Ltd :‍rural connectivity group joint venture has secured between nz$150 million and nz$250 million of funding from government​.  Full Article