What to expect from a 2degrees, Orcon merger

The merger of telcos 2degrees and Orcon will create a larger, third player in the NZ market. (Image: supplied)

Fri, 07 Jan 2022

Customers of 2degrees and Orcon Group can expect little change, even if the companies merge as planned this year, say industry experts.Macquarie Asset Management and Aware Super, the owners of Vocus Group and its New Zealand subsidiary Orcon Group will, as Voyage Australia, acquire 2degrees from Trilogy International Partners and Tesbrit BV in the first half of 2022, subject to regulatory approval.The deal, which is valued at $1.7 billion, is set to create a larger, third player in the NZ telco market to rival Spark and Vodafone NZ.“It&rs...

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