2degrees, Orcon usher in 2022 with a $1.7b deal

2degrees, Orcon usher in 2022 with a $1.7b deal
Paul McBeth
Telecommunications carriers 2degrees and Orcon have closed the year on a high as they reached a $1.7 billion deal to join forces rather than go it alone in separate initial public offerings.The telcos paused their respective plans to go public in October to pursue merger talks, with the rationale being a combined entity would be better able to foot it against the dominant players, Spark and Vodafone.The companies said on Friday night they will merge their businesses to create the country's third-biggest telco, serving more than 1.5 million...

More Infrastructure

NZTA endorses stage one of long-promised Mill Rd upgrade
Infrastructure

NZTA endorses stage one of long-promised Mill Rd upgrade

Chris Bishop keeps the transport announcements coming.

Oliver Lewis 24 Apr 2025
Ministry of Justice seeks market feedback on courthouse PPPs
Policy

Ministry of Justice seeks market feedback on courthouse PPPs

Want to build and maintain three courthouses for 25 years? Now's your chance.

Oliver Lewis 24 Apr 2025
Billions needed for Northwest Busway
Infrastructure

Billions needed for Northwest Busway

The rolling maul of transport-related announcements continues.

Oliver Lewis 23 Apr 2025
Govt shares emerging route for mega Northland expressway
Infrastructure

Govt shares emerging route for mega Northland expressway

It's our single biggest roading project. So where's it going to go?

Oliver Lewis 23 Apr 2025