Spark New Zealand

Simon Moutter is the CEO of Spark New Zealand. In Australia Spark is an electricity company, but in New Zealand, Spark is the old Telecom New Zealand which was the old government owned telco, the same as Telstra here. Alan Kohler gave Simon a call to find out more about the business.

Simon Moutter is the CEO of Spark New Zealand. Now, in Australia Spark is an electricity company, Spark Infrastructure, but in New Zealand Spark New Zealand is the old Telecom New Zealand which was the old government owned telco the same as Telstra here. In 2011 they split into Chorus and Spark, and Chorus owns the access network, the copper and the fibre to the home over there, not to the node or anything, they’ve got fibre to the home. Spark is the biggest retail service provider of both fixed broadband and mobile and pretty much both of those compete with Vodafone. But, it’s a yield stock like Telstra in Australia is. In Australia the transition from the old copper to fibre under the NBN is quite messy and very expensive for Telstra, it’s much cleaner in New Zealand and much better for their telecom company which is now Spark. So, an interesting interview with Simon Moutter, it seems to be a good company, he’s about to turn the place upside down and make it agile which he reckons will be a big deal both internally and externally and improve their productivity and efficiency. 

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