Fresh funds from a sharemarket float of 2degrees could accelerate the company’s growth, but its planned entry into the 5G market later this year doesn’t hinge on it, chief executive Mark Aue says. Aue said a partial IPO would open up a new source of funding for 2degrees, which it could use to accelerate its growth plans. SUPPLIED 2degrees chief executive Mark Aue says “visibility” has been a challenge. Technology Users Association chief executive Craig Young said it would be good news if 2degrees’ IPO went ahead. “This compelling macro backdrop, combined with the resilience, scale and growth of the 2degrees business, suggests now is an opportune time for the shareholders of 2degrees to explore a partial listing of the business,” he said.

Source: Stuff March 24, 2021 22:00 UTC