2degrees and Vocus NZ merger ‘logical combination’

2degrees and Vocus NZ merger ‘logical combination’
2degrees had been shopping its listing for several months. (Image: 2degrees)
Henry Burrell
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...

More Technology

Creative HQ pushes startups out the door
Technology

Creative HQ pushes startups out the door

The innovation hub's alumni companies are valued at an estimated $1.3b.

Sock-sorting vacuum shows robots are in their early stages
Technology

Sock-sorting vacuum shows robots are in their early stages

The industry is preparing for even more advanced robots.

Danish brewer adds AI 'colleagues' to human team
Technology

Danish brewer adds AI 'colleagues' to human team

However, every new technology also carries risks.

AFP 19 Apr 2025
What Apple has at stake in China
Technology

What Apple has at stake in China

The iPhone maker is heavily reliant on the Chinese manufacturing economy.