But Trilogy recently put NeuvaTel on the block, clearing the way for a local listing, and unlocking value in 2degrees. "As part of the IPO, 2degrees will raise cash to accelerate its growth plans," Aue adds. But he offered the broader comment that "I'd expect the market to be very excited about a 2degrees listing." Aue said the fixed-line broadband and mobile business customer numbers were the fastest growing in the industry, according to IDC. If a listing for 2degrees does go ahead, it will be third-time lucky on the phone company front for the NZX.

Source: New Zealand Herald March 24, 2021 22:11 UTC