Spark acquisition sees FlexiGroup expand NZ tech leasing market share
FlexiGroup becomes New Zealand’s number one technology equipment leasing provider, following the completion of its acquisition of Telecom Rentals Limited (TRL) from Spark.
FlexiGroup becomes New Zealand’s number one technology equipment leasing provider, following the completion of its acquisition of Telecom Rentals Limited (TRL) from Spark.
Telco enters into a conditional agreement to sell 100% of share capital in Telecom Rentals Limited (TRL) for $106 million to FlexiGroup Limited.
Telecom Rentals has signed a three-year deal with the Ministry of Education to replace some 45,000 laptops leased to eligible teachers and principals at 2500 schools nationwide.
When Telecom Rentals was set up in 2006, general manager Geoff Hamilton thought it would be funding mainly phone systems “with a little bit of IT”.