Spark NZ's Data Centers Stake Likely Worth More Than NZ$400 Mln -- Market Talk

Dow Jones

Jun 25, 2025

0006 GMT - Spark New Zealand is considering selling a stake in its data center business. UBS thinks a 51% interest could be worth NZ$400 million-NZ$600 million, depending on the premium paid for majority control. Analyst Phil Campbell rates Spark as a buy. He thinks investors are underestimating the value of Spark's data-center business and the potential for special dividends. Both of these could help to close some NZ$0.50/share of the value gap to where Spark's stock is currently trading. UBS thinks it makes sense for Spark to partner on data centers because it would allow the company to reduce debt and refocus on its telecom business. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

June 24, 2025 20:06 ET (00:06 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2546251043"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2546251043\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2546251043?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-25 08:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2546251043","market":"sh","top_or_hot":-1,"title":"Spark NZ's Data Centers Stake Likely Worth More Than NZ$400 Mln -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0006 GMT - <a href=\"https://laohu8.com/S/SPK.AU\">Spark New Zealand</a> is considering selling a stake in its data center business. UBS thinks a 51% interest could be worth NZ$400 million-NZ$600 million, depending on the premium paid for majority control. Analyst Phil Campbell rates Spark as a buy. He thinks investors are underestimating the value of Spark's data-center business and the potential for special dividends. Both of these could help to close some NZ$0.50/share of the value gap to where Spark's stock is currently trading. UBS thinks it makes sense for Spark to partner on data centers because it would allow the company to reduce debt and refocus on its telecom business. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 24, 2025 20:06 ET (00:06 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Spark NZ's Data Centers Stake Likely Worth More Than NZ$400 Mln -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpark NZ's Data Centers Stake Likely Worth More Than NZ$400 Mln -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-06-25 08:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0006 GMT - <a href=\"https://laohu8.com/S/SPK.AU\">Spark New Zealand</a> is considering selling a stake in its data center business. UBS thinks a 51% interest could be worth NZ$400 million-NZ$600 million, depending on the premium paid for majority control. Analyst Phil Campbell rates Spark as a buy. He thinks investors are underestimating the value of Spark's data-center business and the potential for special dividends. Both of these could help to close some NZ$0.50/share of the value gap to where Spark's stock is currently trading. UBS thinks it makes sense for Spark to partner on data centers because it would allow the company to reduce debt and refocus on its telecom business. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 24, 2025 20:06 ET (00:06 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SPK.NZ","symbol_name":"Spark New Zealand Limited Ordinary Shares","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2546251043","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546251043","pubTimestamp":1750809960,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0006 GMT - Spark New Zealand is considering selling a stake in its data center business. UBS thinks a 51% interest could be worth NZ$400 million-NZ$600 million, depending on the premium paid for majority control. Analyst Phil Campbell rates Spark as a buy. He thinks investors are underestimating the value of Spark's data-center business and the potential for special dividends. Both of these could help to close some NZ$0.50/share of the value gap to where Spark's stock is currently trading. UBS thinks it makes sense for Spark to partner on data centers because it would allow the company to reduce debt and refocus on its telecom business. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SPK.NZ":"Spark New Zealand Limited Ordinary Shares","LYY.SI":"中云集团","BK6051":"信息科技咨询与其它服务","BK4115":"综合电信业务","SPKKY":"Spark New Zealand Limited","BK8023":"综合电信业务"},"translate_title":"Spark NZ的数据中心股份价值可能超过4亿新西兰元——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LYY.SI":1,"SPK.NZ":0.9,"SPKKY":0.9},"content_text":"0006 GMT - Spark New Zealand is considering selling a stake in its data center business. UBS thinks a 51% interest could be worth NZ$400 million-NZ$600 million, depending on the premium paid for majority control. Analyst Phil Campbell rates Spark as a buy. He thinks investors are underestimating the value of Spark's data-center business and the potential for special dividends. Both of these could help to close some NZ$0.50/share of the value gap to where Spark's stock is currently trading. UBS thinks it makes sense for Spark to partner on data centers because it would allow the company to reduce debt and refocus on its telecom business. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 24, 2025 20:06 ET (00:06 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}