2degrees: IPO this year but 5G plans disrupted

2degrees' dual listing on the ASX and NZX is still expected this year. (Image: 2degrees)

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...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Economy

Adrian Orr’s exit deal imposed gag on mutual RBNZ criticism

The restraint of trade payment was to protect confidential information.

Rebecca Howard 9:40am

The Quiz Free

QuiznessDesk, Wednesday, Oct 08

Take a break and try our quiz.

The Quizmaster 9:15am

Property

Bankrupt rugby rep accused of fraud

Building systems company feels ‘betrayed’ by Damian O'Brien.

Maria Slade 5:00am

Sponsored

Why New Zealand organisations need to rethink their cloud strategy

New Zealand organisations have embraced cloud computing over the past decade, but many are now confronting a sobering reality: adoption alone isn’t enough. According to Datacom’s 2025 Cloud & Infrastructure Report, only half of New Zealand businesses say they’ve realised the benefits they expected from cloud – despite significant investment.

Datacom

Sponsored