2degrees

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Two Degrees New Zealand Limited, trading as 2degrees, is a New Zealand full service telecommunications provider. It is the third-largest wireless carrier in New Zealand, with 1.6 million subscribers as of May 2021. Since launching its mobile network, 2degrees broke up the New Zealand mobile duopoly, halving the price of prepay overnight. 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. In areas without 2degrees coverage, handsets connect to One NZ's UMTS and LTE network using MoRAN, using 2degrees' spectrum. 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, a broadband-based ISP, and from 28 July began offering broadband and home-phone services in addition to existing mobile services. In 2022, 2degrees merged with Vocus New Zealand – the operator of the Orcon, Slingshot and Stuff Fibre brands – following their acquisition by Macquarie Asset Management and Aware Super. The New Zealand Commerce Commission granted clearance for the merger in May 2022, allowing the combined entity to become one of the largest integrated telecommunications providers in the country.