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2degrees: IPO this year but 5G plans disrupted

Henry Burrell
Wed, 22 Sep 2021

2degrees: IPO this year but 5G plans disrupted
2degrees' dual listing on the ASX and NZX is still expected this year. (Image: 2degrees)
Henry Burrell
Wed, 22 Sep 2021
2degrees continued to present its business case to potential investors during the latest lockdown and still intends to list on the ASX and NZX by the end of the year.The non-deal roadshow the company began earlier in the year continued through September via video presentations.But New Zealand’s latest lockdown restrictions delayed the forecast rollout of the telco's 5G network, with the launch in some regions pushed out to the first quarter of 2022.Vodafone and Spark both launched nascent 5G networks in 2020 and have added more urban...

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