Spark explores sale of data centre business stake

Spark New Zealand (NZX:SPK) confirmed today that it is seeking potential investors for its data center business. This move follows an announcement in February during the company's H1 trading update, where Spark expressed interest in exploring partnerships to bolster future investment in data center infrastructure. The company clarified that no transaction has been finalized and any potential transaction value remains uncertain. Spark will continue to provide market updates in accordance with its continuous disclosure obligations. Spark is New Zealand's largest telecommunications and digital services company.