Technology

2degrees and Vocus NZ merger ‘logical combination’

Henry Burrell
Thu, 07 Oct 2021

2degrees and Vocus NZ merger ‘logical combination’

2degrees had been shopping its listing for several months. (Image: 2degrees)

Henry Burrell
Thu, 07 Oct 2021

A merger deal between 2degrees and Vocus NZ is now a possibility after 2degrees confirmed its listing on the ASX and NZX is on hold on Wednesday. On Thursday morning, 2degrees’ parent company, the Toronto-listed Trilogy International Partners, entered a trading halt citing “pending news”.New Zealand’s main challenger in mobile telecoms, coupled with Vocus NZ’s fixed-line assets and customer base, are “a very logical combination,” according to a source with knowledge of the industry.“Strategic...

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2degrees and Vocus NZ merger ‘logical combination’

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