tiprankstipranks
Company Announcements

Spark New Zealand Expands Partnership with HPE to Enhance IT Efficiency

Story Highlights
Spark New Zealand Expands Partnership with HPE to Enhance IT Efficiency

Spark New Zealand Limited ( (AU:SPK) ) has provided an announcement.

Spark New Zealand has expanded its strategic partnership with Hewlett Packard Enterprise (HPE) to transform its technology delivery model through the HPE GreenLake cloud platform. This partnership is expected to reduce annual IT costs and enhance operational efficiency by utilizing HPE’s automation and AI capabilities. Spark will maintain control over its IT environments while benefiting from HPE’s local and global services. The initiative supports Spark’s SPK-26 Operate Programme, aiming for significant cost reductions and improved customer outcomes.

More about Spark New Zealand Limited

Spark New Zealand Limited is a telecommunications company based in Auckland, New Zealand. It provides IT infrastructure and services, focusing on modernizing technology, embedding AI, and building a resilient, adaptive, and automated network. The company aims to leverage global partnerships to enhance customer outcomes and improve cost efficiency.

YTD Price Performance: -24.54%

Average Trading Volume: 2,276,429

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$3.75B

For detailed information about SPK stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App