ZB ZB
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Spark to sell subsidiary

Author
Sam Thompson,
Publish Date
Wed, 4 Mar 2015, 2:30PM

Spark to sell subsidiary

Author
Sam Thompson,
Publish Date
Wed, 4 Mar 2015, 2:30PM

Spark is selling its wholly owned subsidiary Telecom Rentals Limited.

It's entered into a conditional agreement to sell the ICT and Telecommunications equipment leasing business, to FlexiGroup Limited, for 106 million dollars.

Spark says the divestment is in line with the company's strategy to focus on digital services.

 

 

 

Take your Radio, Podcasts and Music with you