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2degrees marches towards a dual listing by year-end
2degrees performance continues to improve as plans for IPO progress. Credit: IDG owned
Kiwi telco 2degrees is poised to list on both the Australian and New Zealand bourses by the end of the year its owner, Toronto-listed Trilogy International, has said.
Releasing its unaudited financial and operating results for the first quarter of 2021, Trilogy president and CEO Brad Horowitz said Trilogy had begun preparations to list on both the NZX and the Australian Securities Exchange (ASX). We are pleased with the continued strong performance of our New Zealand business, said Horwitz. Our B2B customer base continues to ramp up, underpinning our sustained postpaid mobile growth.