2degrees posts positive profits pre-purchase

2degrees posts positive profits pre-purchase
2degrees will merge with Orcon Group pending OIO approval. (Image: supplied)
Staff reporters
2degrees reported positive quarterly and annual revenue and earnings results in what may be its last set of numbers published under owners Trilogy International Partners.Revenue for the three months ended Dec 31 was US$139.8 million (NZ$201.6m), up from US$131.3m on the previous corresponding period.Quarterly earnings before interest, tax, depreciation, and amortisation (ebidta) were US$28.3m (NZ$40.8m) up from US$28.6m.For the year ended Dec 31, revenue was US$528.6m (NZ$762.4m) up from US$458.9m, while ebitda was US$115.1m (NZ$166m) up from U...