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Jolie Hodson: Spark CEO on the company making $837 million in half year profits with net profit dropping 7.8 percent

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Sinopsis

Telco giant Spark is reporting an $837 million dollar half-year profit.  This bumper profit is largely due to a $584m gain from selling a majority stake in their cellphone towers to a Canadian investment fund. Setting that sale aside, Spark's net profits actually fell by 7.8 percent. Spark CEO Jolie Hodson says that Spark had a strong performance in mobile, but cost of living pressures affected their broadband sales. LISTEN ABOVESee omnystudio.com/listener for privacy information.