Markets

2degrees wants IPO cash to expand

Paul McBeth
Thu, 25 Mar 2021

Mobile challenger 2degrees may be destined for a local listing: CEO Mark Aue.
Paul McBeth
Thu, 25 Mar 2021
Mobile challenger 2degrees may be destined for a local listing, with its Toronto stock exchange listed owner considering an initial public offering in the currently frothy financial markets.New Zealand’s third biggest mobile carrier is 73.2% owned by Trilogy International Partners and accounts for the bulk of the TSX listed firm’s revenue and earnings.Trilogy bundled 2degrees into a Canadian cash box five years ago having toyed with the idea of listing the Kiwi carrier on the ASX. The listing could happen in the second half of this...

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