2degrees pushes back on IPO worry whispers

2degrees pushes back on IPO worry whispers
2degrees chief executive Mark Aue. (Image: 2degrees)
Henry Burrell
2degrees has pushed back against a media report claiming prospective investors in a listing were concerned about the telco’s dividend payout plan.A 2degrees spokesperson told BusinessDesk today there have been 16 non-deal roadshow meetings “in and around New Zealand” with institutional funds, with Australian meetings planned for next week.They said the presentation packs provided in the meetings do not contain any forward-looking financial information and countered the reported investor worry about its dividend plan.“It...

More Technology

Microsoft to lay off about 9,000 workers
Technology

Microsoft to lay off about 9,000 workers

The latest round of layoffs is on top of the roughly 6,000 roles cut in May.

Contented AI’s quest to turn conversations into business gold
Technology Free Business of Tech

Contented AI’s quest to turn conversations into business gold

From “ChatGPT consultants” to building a business.

Peter Griffin 03 Jul 2025
Datacom achieves profit increase
News in Brief

Datacom achieves profit increase

The firm finished the financial year with 5375 staff - 12% down on last year.

Staff reporters 02 Jul 2025
Cleantech: Burst bubble or our biggest opportunity?
Opinion

Peter Griffin: Cleantech: Burst bubble or our biggest opportunity?

A thriving cleantech sector could be NZ’s ticket to a sustainable, high-value economy.

Peter Griffin 02 Jul 2025