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Asia

Nine Entertainment's QMS NZ Launches City Rail Link Digital Advertising Network

Nine Entertainment (ASX:NEC) said its QMS NZ unit turned on its City Rail Link out-of-home digital advertising network in Auckland, according to a Monday statement.The network was turned on with a fully subscribed roster, including 2degrees, Bank of New Zealand, Spark New Zealand (NZE:SPK, ASX:SPK), Warehouse Group (NZE:WHS), ANZ Group Holdings (ASX:ANZ, NZE:ANZ), and Tower (ASX:TWR, NZE:TWR).The network spans three new underground stations and its launch follows the completion of New Zealand's largest-ever infrastructure project that doubles the potential capacity of the country's rail network, according to the statement.Nine Entertainment shares gained 4% in recent Monday trade.

ASX:ANZASX:NECASX:SPKASX:TWRNZE:ANZNZE:SPKNZE:TWRNZE:WHS
Asia

New Zealand Shares Flat, Spark New Zealand Launches Data Center Interconnect Service in Partnership With Ciena

New Zealand shares were flat with a positive bias on Wednesday while Asian markets were mostly lower as investors digested an intensifying US-Iran conflict.The S&P/NZX 50 was little changed to close at 13,819.43.The Middle East conflict widened on Tuesday as Iranian-backed Houthis in Yemen struck several Saudi cities, drawing a key US ally deeper into the war, while US forces attacked multiple Iranian oil tankers and Iran targeted a US military base in Jordan, according to a Reuters report.In domestic news, a total of 3,452 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) Pulse auction held Tuesday, with supply ranging from 3,200 MT to 3,650 MT, according to data from the trading platform.Further, New Zealand's economy likely grew 0.1% in the second quarter from the linked three-month period, ANZ said in a report as it revised its preliminary forecast of a 0.2% contraction.Also, Reserve Bank of New Zealand Assistant Governor Karen Silk said repurchase agreement, or repo, markets have grown significantly in recent years globally, supported by more government bond issuance and changes in regulation, risk appetite and market infrastructure, and because of this, repo markets matter more for monetary policy, according to a Wednesday speech.In corporate news, Spark New Zealand (NZE:SPK, ASX:SPK) said its unit Spark Wholesale is launching a dedicated data center interconnect service using Ciena's 1.6 terabit per second coherent technology.RUA Gold (NZE:RGI) completed 19,600 meters of drilling at its Auld Creek gold-antimony project in New Zealand, surpassing its 19,000-meter target, with four rigs continuing to test a mineralized resource that remains open in all directions.

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Asia

Spark New Zealand Launches Data Centre Interconnect Service in Partnership With Ciena

Spark New Zealand (NZE:SPK, ASX:SPK) said its unit Spark Wholesale is launching a dedicated data centre interconnect service using Ciena's 1.6 terabit per second coherent technology, according to a Wednesday statement.The company said it is also utilising Ciena's Navigator Network Control Suite for comprehensive visibility and management of its network, enabling automated capacity planning, service fulfillment and troubleshooting.Spark's New Zealand shares rose 1% in recent Wednesday trade.

ASX:SPKNZE:SPK
Asia

New Zealand Shares Flat; Spark New Zealand Fiscal 2026 Adjusted Earnings Down, Revenue Up

New Zealand shares ended flat on Thursday while most Asian shares rose higher as markets digested US plans to ease its Treasury yields.The S&P/NZX 50 Index was little changed to close at 13,919.82.Overnight, the S&P 500, the Nasdaq Composite, and the Dow Jones gained about 0.2% each.The US Treasury announced support measures for long-duration bonds on Wednesday, seeking to stem a rise in yields that had unsettled global investors, according to a Wednesday Reuters report.The US 30-year Treasury yield was last at 4.64% while the US 10-year Treasury yield was last at 5.18%.In domestic news, New Zealand has the potential to deliver over a gigawatt (GW) of new compute capacity over the next five years, an increase from the previous 600-megawatt base scenario, which could see New Zealand capture 0.5% of global compute capacity in 2030, according to a report by Boston Consulting Group.In corporate news, Spark New Zealand (ASX:SPK, NZE:SPK) logged NZ$0.119 in adjusted earnings per share for fiscal 2026, compared with NZ$0.123 a year ago.PGG Wrightson (NZE:PGW) said Chief Financial Officer Peter Scott will step down from his role at the end of October.

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Asia

NZX Midday Sector Update: Communications Soar, Industrial Services Decline

Communications shares gained the most on the New Zealand Exchange, rising 2% by midday Thursday.Spark New Zealand (NZE:SPK, ASX:SPK) was the best performer in the sector, rising past 7%.The dual-listed telecommunications and digital services company on Thursday reported NZ$0.119 in adjusted earnings per share for fiscal 2026, compared with NZ$0.123 a year ago.Meanwhile, the industrial services sector fell 4%.Ventia Services Group (NZE:VNT, ASX:VNT) shares fell 3% in recent trade.

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Asia

Spark New Zealand Fiscal 2026 Adjusted Earnings Down, Revenue Up

Spark New Zealand (ASX:SPK, NZE:SPK) logged NZ$0.119 in adjusted earnings per share for the fiscal 2026, compared with NZ$0.123 a year ago, a Thursday filing showed.For the 12 months ended June 30, operating revenue was NZ$3.95 billion versus NZ$3.73 billion previously, the dual-listed telecommunications and digital services company added.The board declared a final dividend of NZ$0.08 per share, down from NZ$0.125 a year earlier, payable Oct. 2 to shareholders on record as of Sept. 11.The company expects fiscal 2027 adjusted earnings before interest, taxes, depreciation, amortization, and impairments of NZ$1.01 billion to NZ$1.08 billion, free cash flow of NZ$300 million to NZ$350 million, and capital expenditures of NZ$350 million to NZ$380 million.

ASX:SPKNZE:SPK
Asia

Spark New Zealand Appoints Chair

Spark New Zealand (ASX:SPK, NZE:SPK) appointed Non-Executive Director Vince Hawksworth as chair, succeeding Justine Smyth, according to a Tuesday New Zealand bourse filing.Smyth will remain chair through the conclusion of the Nov. 5 board meeting, allowing Hawksworth to assume the role by chairing the company's fiscal 2026 annual general meeting on Nov. 6, the filing added.

ASX:SPKNZE:SPK
Asia Markets

New Zealand Shares Fall Slightly; Contact Energy Accepts Responsibility for December 2025 Under-Frequency Event

New Zealand shares ended slightly lower on Tuesday, as most Asian stocks fell following a sell-off on Wall Street and ongoing difficulties in US-Iran peace negotiations.The S&P/NZX 50 Index fell 0.2% or 27.6 points to close at 13,860.66.US President Donald Trump on Monday countered Iran's peace conditions with his own demands that Tehran pay compensation for lives lost in wars, attacks and protests, a rhetorical escalation that risks complicating efforts to reopen the Strait of Hormuz, according to a Monday Reuters report.In domestic news, per-person spending on Westpac-issued credit and debit cards in New Zealand rose 2% in July after mostly trending sideways earlier in the year, the bank said.Also, the New Zealand Light Traffic index rose 1.3% in July, remaining broadly in line with its level a year earlier, according to data from ANZ Research.In corporate news, Contact Energy (NZE:CEN, ASX:CEN) accepted a draft determination from New Zealand's Electricity Authority that it was responsible for an under-frequency event that occurred in December 2025, the regulator said.Spark New Zealand (NZE:SPK, ASX:SPK) said its subsidized prepaid broadband program Skinny Jump is now connecting around one in five of those identified as having no internet access at home in the 2023 census.

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Asia

Spark New Zealand Says Subsidized Broadband Program Connects Around One in Five of In-Need New Zealand Households

Spark New Zealand (ASX:SPK, NZE:SPK) said Tuesday its subsidized prepaid broadband program Skinny Jump is now connecting around one in five of those identified as having no internet access at home in the 2023 census.The census said that around 170,000 households didn't have internet access at home and the program now connects nearly 35,000 households, the company said in a statement.Over 100,000 households have been connected through the program since its launch in 2016, while the commercial value of subsidized broadband exceeded AU$9.1 million in fiscal 2025.Skinny Jump operates on a not-for-profit basis.Spark's shares rose nearly 1% on both the Australian and New Zealand bourses.

ASX:SPKNZE:SPK
Asia

NZX Midday Sector Update: Communications Soar, Industrial Services Slide

Communications shares gained the most on the New Zealand Exchange, rising 1% by midday Thursday.Spark New Zealand (NZE:SPK, ASX:SPK) was the best performer in the sector, rising past 1%.Meanwhile, the industrial services sector fell 1%.Ventia Services Group (NZE:VNT, ASX:VNT) shares fell 1% in recent trade.

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Asia

New Zealand Shares Reach All-Time High; Spark New Zealand Starts Review of Digital Services Division

New Zealand shares rose to their all-time high as most Asian markets saw gains amid a pause in the Middle East conflict.The S&P/NZX 50 Index rose 0.57% or 78.40 points to close at an all-time high of 13,850.69.Iran said it would halt its attacks if the United States did the same, Reuters reported on Sunday, citing a senior Iranian official, as Washington paused its bombing campaign after advisers warned Trump that viable targets were dwindling and raised concerns about straining the US arsenal.On the domestic front, total new residential mortgage lending in New Zealand fell to NZ$8.45 billion in June from NZ$8.63 billion in May, according to data from the Reserve Bank of New Zealand.In corporate news, Spark New Zealand (ASX:SPK, NZE:SPK) started a strategic review of its Digital Services division.Meridian Energy (ASX:MEZ, NZE:MEL) has received approval to develop the 110 megawatt Morrinsville Solar Farm in Waikato, with around 230,000 solar panels expected to generate up to 200 gigawatt-hours of renewable electricity annually, enough to power more than 25,000 homes.

^NZ50ASX:MEZASX:SPKNZE:MELNZE:SPK
Asia

Update: Spark New Zealand Starts Review of Digital Services Division

(Updates to add stock movement in the fifth paragraph)Spark New Zealand (ASX:SPK, NZE:SPK) started a strategic review of its Digital Services division, according to a Monday filing with the Australian bourse.The review is expected to be completed in the first half of fiscal year 2027, the filing said.The company will shift to a new organizational structure comprising two divisions, namely Connectivity and Digital Services, with both enabled by centralized shared functions.In line with the restructure, Chief Commercial Officer Mark Beder was named Chief Customer Officer of Connectivity, per the filing.The company's shares rose past 3% in recent Monday trading on the Australian bourse. Its New Zealand shares gained over 2%.

ASX:SPKNZE:SPK
Asia

Spark New Zealand Starts Review of Digital Services Division

Spark New Zealand (ASX:SPK, NZE:SPK) started a strategic review of its Digital Services division, according to a Monday filing with the Australian bourse.The review is expected to be completed in the first half of fiscal year 2027, the filing said.The company will shift to a new organizational structure comprising two divisions, namely Connectivity and Digital Services, with both enabled by centralized shared functions.In line with the restructure, Chief Commercial Officer Mark Beder was named Chief Customer Officer of Connectivity, per the filing.Shares fell nearly 1% in morning trade in New Zealand.

ASX:SPKNZE:SPK
Asia

New Zealand Shares Rise Slightly; Spark New Zealand Appoints COO

New Zealand shares ended slightly higher on Thursday as most Asian markets saw gains amid an escalating Middle East conflict.The S&P/NZX 50 Index rose 0.23% or 32.13 points to close at 13,795.31.The Houthis, Yemen's Iran-backed group, struck two Saudi oil tankers on Thursday under a naval blockade of the kingdom, raising the prospect of simultaneous disruptions to oil flows through both the Red Sea and the Strait of Hormuz, according to a Reuters report.In corporate news, Spark New Zealand (ASX:SPK, NZE:SPK) appointed Tommy Bjorkberg as chief operating officer, effective Oct. 1.Genesis Energy (NZE:GNE, ASX:GNE) reported total retail electricity sales of 1,543 gigawatt-hours (GWh) for the fiscal fourth quarter ended June 30, down from 1,696 GWh in the same quarter a year earlier.

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Asia

Spark New Zealand Appoints COO

Spark New Zealand (ASX:SPK, NZE:SPK) appointed Tommy Bjorkberg as chief operating officer, effective Oct. 1, according to a Thursday Australian and New Zealand bourse filing.Bjorkberg currently serves as vice president of network and cloud at KPN, the filing added.

ASX:SPKNZE:SPK
Asia

NZX Midday Sector Update: Finance Advances, Communications Decline

Finance shares gained the most on New Zealand's Exchange, rising almost 2% by midday Thursday.Westpac Banking (NZE:WBC, ASX:WBC) gained 2% in recent trade.Meanwhile, the communications sector shares fell past 1%.Spark New Zealand (NZE:SPK, ASX:SPK) was down past 1% in recent trade.

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Asia

New Zealand Shares Flat; Bremworth Says New Zealand Commerce Commission Clears Floorscape Acquisition Proposal

New Zealand shares closed flat with a negative bias on Wednesday as markets weighed in on continued uncertainty around a US-Iran peace deal.The S&P/NZX 50 Index was little changed to close at 13,610.50.Iran said on Tuesday it would not meet top U.S. envoys who traveled to the region after hostilities broke out, dimming prospects for a lasting peace between the two countries, according to a Tuesday Reuters report.In domestic news, the national average asking price in New Zealand's property market held steady at NZ$866,314 in June, with new listings rising 4.3% year over year to 7,942 during the month, according to a report from realestate.co.nz.Also, the Reserve Bank of New Zealand (RBNZ) is likely to focus on risk management given current uncertainty, which should push it to raise the official cash rate by 25 basis points to 2.5% at a policy meeting next week, ANZ said.Further, the data suggests credit conditions are improving in New Zealand for many households and businesses, but confidence remains measured, and pockets of financial strain are still evident, Centrix said in its June Credit Indicator report.In corporate news, Bremworth (NZE:BRW) said the New Zealand Commerce Commission has granted clearance for Floorscape to acquire all of its shares under a scheme of arrangement.Spark New Zealand (ASX:SPK, NZE:SPK) said the New Zealand Government's proposed changes to its policy approach for the renewal of spectrum in the 2300MHz and 2600MHz bands are not expected to have a "material" direct operations impact.

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Asia

Spark New Zealand Says Government's Proposed Changes on Spectrum Policy Not Expected to Have 'Material' Operations Impact

Spark New Zealand (ASX:SPK, NZE:SPK) said the New Zealand Government's proposed changes to its policy approach for the renewal of spectrum in the 2300MHz and 2600MHz bands are not expected to have a "material" direct operations impact, according to a Wednesday filing with the Australian bourse.However, the company expressed concerns that the decision introduces uncertainty for the telecommunications sector, the filing said.The government's approach reduces the amount of spectrum the company can utilize to serve its customers and raises questions about access to essential bands, per the filing.Spark New Zealand shares fell 1% in recent New Zealand trade.

ASX:SPKNZE:SPK
Asia

Spark New Zealand's Share Price Underperformance Creates More Compelling Entry Point, Jarden Says

Spark New Zealand's (NZE:SPK, ASX:SPK) share price has underperformed since mid-May relative to the NZX50 index, creating a more compelling entry point at the current level, Jarden said in a Wednesday note.The investment firm said there is only a small prospect of growth in dividends unless the company makes a meaningful reduction to capital expenditure or boosts its overall earnings, which could prove difficult due to legacy pressures in the business.Jarden continues to be constructive on Spark New Zealand's mobile services, but also noted the company is highly reliant on the continuation of benign regulatory and competitive dynamics."We reiterate our view that a key potential positive catalyst lies in SPK's willingness to simplify away from non-core businesses (IT) where we see potential value upside if SPK can reduce capital intensity while giving up little in the way of cash earnings," the equity research firm said.It raised the rating on Spark New Zealand to overweight from neutral, noting that a sufficient value gap has re-emerged, with an unchanged target price of NZ$2.27.The company's Australia and New Zealand shares both advanced around 5% in recent Thursday trade.

ASX:SPKNZE:SPK
Asia

NZX Midday Sector Update: Miscellaneous Sector Soars, Communications Stocks Struggle

Miscellaneous shares gained the most on New Zealand's Exchange, rising past 4% on Tuesday.Shares of Marlin Global (NZE:MLN) surged more than 4% in recent trade.Meanwhile, communications shares fell nearly 2%.Shares of Spark New Zealand (NZE:SPK, ASX:SPK) drove the decline, falling roughly 3% in recent trade.

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