UPDATE: 2degrees buys Snap to enter landline market after snaring share of mobile

Sun, 22 Mar 2015

(Adds executive comment from briefing) By Fiona Rotherham March 23 (BusinessDesk) - 2degrees, the challenger mobile phone company, has announced it is buying Christchurch-based internet service provider Snap Internet for an undisclosed sum as part of a move into the landline market. At a press conference in Auckland today, chief executive Stewart Sherriff said he was “darned excited” to announce the move which follows a two-year partnership with Snap, the county’s fourth-largest internet services provider. 2dgrees has a 23 percent s...

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