2degrees

Two Degrees
Company typeSubsidiary
IndustryTelecommunications, Mobile, Internet
Founded2001; 23 years ago (2001)
HeadquartersAuckland, New Zealand
Key people
Tex Edwards (founder)
Mark Callander (CEO, 2022–Present)
Mark Aue (CEO, 2019–2022)[1]
Stewart Sherriff (CEO, 2013–2019)[2]
Eric Hertz (CEO, 2009–2013)
Mike Reynolds (CEO, 2009)
Products
Owner2degrees (NZ) Holdings Pty Limited[3]
Subsidiaries
Website2degrees.nz

2degrees is a New Zealand full service telecommunications provider. It's the third-largest wireless carrier in New Zealand, with 1.3 million subscribers as of July 2015. Since launching its mobile network, 2degrees broke up the New Zealand mobile duopoly halving the price of Prepay overnight. 2degrees offers services across mobile, broadband, business and power.

It has spent over NZ$550 million building its mobile network, which as of 2016 covers Ashburton, Auckland, Christchurch, Dunedin, Hamilton, Hastings, Invercargill, Levin, Napier, Nelson, New Plymouth, Oamaru, Palmerston North, Queenstown, Rotorua, Taupō, Tauranga, Timaru, Wanganui, Wellington and Whangārei. The network works with UMTS-900 and UMTS-2100, and LTE Band 3, 8 and 28 mobiles. In areas without 2degrees coverage, handsets connect to One NZ's UMTS and LTE network using MoRAN. [4]

2degrees is owned by 2degrees (NZ) Holdings Pty Limited, with Macquarie Asset Management and Aware Super as its ultimate shareholders. Until 24 May 2022, it was majority owned by US-based Trilogy International Partners.

In March 2015, 2degrees announced it had acquired Snap,[5] a broadband-based ISP, and from 28 July, began offering broadband and home-phone services in addition to existing mobile services.

  1. ^ New Zealand Telecommunications Forum. "Our Board – TCF". Retrieved 12 February 2020. Mark Aue became 2degrees Chief Executive on 1 July 2019, having joined the company as its Chief Financial Officer in July the previous year.
  2. ^ Cite error: The named reference 3news.co.nz was invoked but never defined (see the help page).
  3. ^ "2degrees Group Ltd. 'BB-' Rating Affirmed Following Corporate Restructure". S&P Global. S&P Global Ratings. Retrieved 13 October 2024.
  4. ^ "MoRAN release | 2degrees". www.2degrees.nz. 22 June 2020. Retrieved 13 January 2024.
  5. ^ "2degrees snaps up telco". Stuff. 22 March 2015. Retrieved 13 October 2015.