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2degrees flags record result after year of ‘bold, difficult decisions
Comes after job cuts last year.
Mark Aue (2degrees) Credit: Supplied
Last year was a period filled with “bold, difficult decisions” for telco 2degrees as it weathered the pandemic, but the company ended the year on a high note, according to its latest financials.
, 2degrees continued to grow strongly in 2020 despite COVID-19. The company delivered service revenue of $545 million, representing a year-on-year increase of 7.4 per cent, and underlying earnings from operations totalling $180 million, up by 6.5 per cent, during the year ending 31 December 2020.
2degrees names 5G upgrade partner
14 Apr, 2021 12:00 AM
4 minutes to read
2degrees has named its primary technology partner for its 5G mobile network upgrade: Ericsson.
The Swedish company will provide both the radio access network or edge (celltower components) and core (brains) of 2degrees 5G network - which will go live in parts of Auckland and Wellington at an un-named time later this year.
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It replaces the incumbent Huawei, which was effectively sidelined from all 5G upgrade business in New Zealand after the GCSB barred the Chinese company from Spark s mobile network upgrade (and the intelligence agency has only hardened its line since).