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Wireless

2degrees pre-tax profit jumps 46%, organic EBITDA grows 12% in 2019

Wednesday 13 May 2020 | 08:21 CET | News
New Zealand operator 2degrees has announced its "strongest result yet in 2019", with double digit growth in pay monthly mobile and fixed broadband subscribers contributing to a 46 percent increase in pre-tax profit, from NZD 19.6 million in 2018 to NZD 28.6 million over the 12-month period ended 31 December 2019. The company reported an organic EBITDA growth of 12 percent, from NZD 131 million to NZD 147.5 million.

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Categories: Mobile & Wireless
Companies: 2degrees / Spark
Countries: New Zealand
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