Page 7 - Mark Aue News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Telecommunications company 2degrees has a taken step closer towards listing on the New Zealand Stock Exchange.

Mark Cairns was confirmed as the independent chair-elect in July.

Business Scoop provides news and views on Business and Markets from New Zealand

Photo: 123RF The telecommunications company reported service revenue of $545 million, up 7 percent on the previous year, while underlying operating earnings rose 6.5 percent to $180m in the year to December 2020. Chief executive Mark Aue said the company had invested more than $1 billion into its network since 2009, and the result was a credit to the work of the 2degrees team in a year fraught with the challenges of the pandemic. "When faced with the uncertainty of 2020 we made bold, difficult but necessary decisions to ensure we delivered for our customers, enabling our business to come thro...

2degrees in profit for fifth year straight, names D-Day 10 May, 2021 05:22 AM 6 minutes to read Comedian Rhys Darby - who fronted the telco's "giant logo" campaign when it launched in 2009 - has been back this year for its landline broadband push. Photo / File Comedian Rhys Darby - who fronted the telco's "giant logo" campaign when it launched in 2009 - has been back this year for its landline broadband push. Photo / File 2degrees has reported its fifth-straight year of operating profit, on the back of business market gains, as it gears up for a possible IPO. NZX executives waiting n...