2degrees Returns to Pre-Tax Profit After Merger Push

2degrees sees operating profit jump, mobile gains as regulator weighs One NZ partnership

Telco company 2degrees has swung to a net profit with revenue gains across all areas of its business amid the tough economy. For the 12 months to June 30,...

2degrees returns to pre-tax profit after merger push

The telecoms group's annual revenue climbed 5.5% to USD $1.46 billion as integration costs eased and enterprise wins lifted growth.

2degrees returns to pre-tax profit despite challenging market

2degrees has seen its fourth consecutive year of revenue growth and has returned to pre-tax profit as its integration with Vocus winds up – despite facing challenging market conditions. In its financial results for the year ended 30 June 2026 announced today, 2degrees reported a 5.5 per cent increase in revenue to $1.46 billion, while trading EBITDA [earnings before interest, taxes, depreciation, and amortisation] rose 6.5 per cent to $421.1 mil…