Half Year 2021 Spark New Zealand Ltd Earnings Call Transcript
(foreign language)
And good morning, and welcome to Spark's Half-Year Results Announcement for the last 6 months to 31 December 2020. I'm joined here today, CFO, Stef, who will take you through the financials in more detail, and we'll then take some Q&A.
For the first half, we have adapted to the implications of the pandemic. We've ensured our networks have sustained for New Zealanders, while we're focused on offsetting the implications of the COVID-19 border closures on our top line through disciplined cost management. We've supported New Zealand's recovery by investing in critical 5G infrastructure, digital skills for small business and bridging the devices in local community. While the economy is showing more encouraging signs of recovery and to date, we've seen lower levels of collection risk than we anticipated, there is still a high degree of uncertainty due to new disease variance, recent lockdowns and the borders remaining closed. These border closures have impacted the broadband and prepaid markets,
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