2 Apr 2015

Spark sells another non-core asset

12:51 pm on 2 April 2015

Spark has sold another one of its international businesses, as part of a strategy to focus on its New Zealand operations.

Spark New Zealand

Photo: RNZ / Kim Baker Wilson

The telecom and digital services company says it has an agreement to sell its international voice business to Australian-based My Net Fone for $22 million.

Spark says the business offers wholesale voice traffic around the world and contributes about $3 million - $4 million a year to its underlying operating profit.

The company will retain its international data business.