Spark New Zealand Half-Year Results: Half-Time Scores Signal Spark to Up Its Game

Spark New Zealand Half-Year Results: Half-Time Scores Signal Spark to Up Its Game

This IDC Market Note discusses and provides IDC's viewpoint on Spark New Zealand's half-year results announcement for FY23, delivered on February 22, 2023. Spark is performing well in mobile services, but it has some catching up to do in its broadband and cloud, security, and service management segments. "The second half will be crucial for Spark," says Monica Collier, associate research director, IDC Australia/New Zealand. "The telco cannot rely on seasonal revenue skewing and increasing roaming revenues but will be upping its game on realising opportunities, maximising competitiveness, and executing cost discipline activities," she continued.

Please Note: Extended description available upon request.


Executive Snapshot
In This Market Note
IDC's Point of View
Financial Announcement Highlights
Performance in Mobile Remains Strong
Spark Keeps Broadband Base Stable
Cloud, Security, and Service Management Are Still Below Par
Spark Exits Sports Streaming
Two Remaining Future Markets: It's All About Scale
5G Deployment Continues and Early 5G Standalone Tests Appear Promising
The Second Half: Spark Is Upping Its Game
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Synopsis

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