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How Spark NZ’s $240M Deal with Challenger Fuels Mobile Growth

7:38am on Monday 22nd of December, 2025 AEDT Telecommunications
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How Spark NZ’s $240M Deal with Challenger Fuels Mobile Growth

7:38am on Monday 22nd of December, 2025 AEDT
Key Points
  • Partnership with Challenger Limited to finance interest free payment plans
  • Sale of $240 million in existing receivables to reduce net debt in H1 2026
  • Ongoing sale of future receivables to support mobile customer financing
  • Improved capital efficiency and reinvestment in mobile business
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