New Zealand’s biggest telecommunications group, Spark NZ, has called in the bankers and has asked them to test investor appetite in its new telco towers subsidiary.
One year after Australia’s Telstra cut Future Fund and others into a stake in its “TowerCo”, Spark’s trying to replicate the model and capitalise on private capital investor demand for telco infrastructure.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
