2degrees Net Loss Widens – Telecom Earnings Rise

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* ⁢ Alt Text: “2degrees‘ Mark Callander argues the current market structure has ⁢led to an⁢ “infrastructure deficit”.”
* Caption: “2degrees’ Mark Callander argues the⁤ current⁣ market structure has led to an⁤ “infrastructure deficit”.”
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Text Content:

* A hidden paragraph:⁢ “The Government’s got this delicate balance between security of supply, obviously, and the pain that households are feeling and policy settings that aren’t working. But we expect meaningful change.”
* ⁣ A hidden heading: “How other telcos are ⁢faring”
* ⁤ Spark experienced a 9% net profit⁣ fall⁢ to $316m in the year⁤ to june, with revenue shrinking 3%. A link⁤ is provided to a related article: https://www.nzherald.co.nz/business/one-of-the-most-challenging-periods-in-sparks-history-telco-takes-big-profit-hit-reveals-new-five-year-plan/AIOY6GKUVBGTFFUD4X76XWI6ZQ/

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