Spark to acquire business telco provider, Digital Island

Spark New Zealand Limited
ARBN 050 611 277 Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand


MARKET RELEASE
8 November 2017

Spark to acquire business telco provider, Digital Island

Spark today announced it has signed an agreement to purchase all shares in Digital
Island, a NZ-based business telecommunications provider. Spark has supplied a
range of wholesale services to Digital Island for over 10 years.
Ed Hyde, CEO Spark Ventures & Wholesale, said the acquisition, whilst relatively
small for Spark, is a smart, tactical investment.
“Digital Island has built a respected brand in the business communications market
and has a great Cloud PABX offering for NZ businesses. As such this acquisition will
further improve our offering to small and medium-sized business customers,” said
Mr Hyde.
Blair Stewart, General Manager of Digital Island, said he believed Spark’s ownership
was a natural and logical move, which would allow the business to grow to the next
level.
“This is a great outcome for our valued staff and customers. It will allow us to
continue our very successful data, mobile and cloud bundle for business, while
further innovating and growing with the backing of Spark,” said Mr Stewart.
Spark intends to run Digital Island as a standalone business with it operationally
reporting into the Spark Ventures & Wholesale unit.

-ENDS-

For media queries, please contact:
Lucy Fullarton
Communications Partner
+64 (0) 21 070 6197