SPK-30 Strategy Overview - Spark's SPK-30 strategy aims to help New Zealand win big in a digital world, focusing on better networks and customer experiences[52] - The strategy builds on competitive advantages, including market leadership in mobile and broadband, a reliable mobile network, and a trusted brand[46] - Key strategic choices involve leading in core connectivity and simplifying/optimizing beyond the core[53] Financial Performance and Targets - In FY25, Spark's ROIC was 8.7%, outperforming most global peers[46] - The DC Co transaction values the data center business at $705 million, representing an EV/EBITDA multiple of 30.8x based on FY25 pro-forma EBITDA[67] - Spark expects to receive initial cash proceeds of ~$486 million at completion, with additional deferred cash proceeds of up to ~$98 million contingent on performance-based objectives by the end of CY27[67] - The company targets annualised savings of $150 million-$180 million by FY30 from a FY24 baseline[212, 213] - Spark aims for a low single-digit CAGR in EBITDAI from FY25-FY30 and a mid-single-digit CAGR in free cash flow from FY25-FY30[212, 213] Market Position and Growth Areas - Spark is the 1 mobile provider with 41.4% market share[92] - Spark is the 1 broadband provider with ~32% market share[102] - Wireless Broadband (WBB) accounts for 32% of Spark's broadband base[102] - 4G network reaches 99% of New Zealanders, and >50% of the population is reached by 5G network[114, 147]