2degrees pushes back on IPO worry whispers

2degrees pushes back on IPO worry whispers
2degrees chief executive Mark Aue. (Image: 2degrees)
Henry Burrell
2degrees has pushed back against a media report claiming prospective investors in a listing were concerned about the telco’s dividend payout plan.A 2degrees spokesperson told BusinessDesk today there have been 16 non-deal roadshow meetings “in and around New Zealand” with institutional funds, with Australian meetings planned for next week.They said the presentation packs provided in the meetings do not contain any forward-looking financial information and countered the reported investor worry about its dividend plan.“It...

More Technology

Spark says new directors in running for chair
Markets

Spark says new directors in running for chair

Spark is refreshing its board and has put chair Justine Smyth's succession in motion.

Spark begins board refresh
Markets

Spark begins board refresh

Gordon MacLeod and Sheridan Broadbent are to step down amid broader succession moves. 

Gregor Thompson 28 Jul 2025
Israeli firm Gigablue aims to cut CO2 and create jobs in NZ
Technology

Israeli firm Gigablue aims to cut CO2 and create jobs in NZ

Gigablue trials ocean-based carbon removal tech in NZ using patented particles.

John Anthony 28 Jul 2025
Google revenue soars on AI boom
Technology

Google revenue soars on AI boom

Google is spending billions of dollars on infusing its products with AI capabilities.