Originally Posted by
RGR367
SPK has just announced about "the formation of a new fibre construction joint venture with Vocus Communications where they will acquire 50% of the new company, which is to be called Connect 8. Vocus and Spark New Zealand will be equally represented on the joint venture board and receive equal distributions of profit. They will continue to work with Chorus as they currently do, but it will mean they now have other options to deploy fibre, albeit on a much smaller scale".
Hope this bodes well for the company. Your thoughts?