2degrees has been tipped as a merger partner for Vocus for many years – now that may come about. 2degrees has effectively confirmed reports it may merge with the New Zealand arm of Australian telco Vocus. 2degrees spokeswoman Andrea Brady said earlier that its planned IPO was on hold but said she could not make further comment. A merger between Vocus and 2degrees has long been considered a possibility, with rumours of a tie-up circulating as long ago as in 2016. 2degrees and Vocus NZ – which was being rebranded as Orcon in preparation for its IPO – are the country’s third and fourth largest telecommunications firms respectively.

Source: Stuff October 06, 2021 21:25 UTC