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2degrees posts multi-million net loss for 2025

Author
Newstalk ZB,
Publish Date
Wed, 24 Sept 2025, 8:00pm
2degrees CEO Mark Callander. Photo / Michael Craig
2degrees CEO Mark Callander. Photo / Michael Craig

2degrees posts multi-million net loss for 2025

Author
Newstalk ZB,
Publish Date
Wed, 24 Sept 2025, 8:00pm

Telco provider 2degrees made a net loss attributable to shareholders of $18.2 million for the 2025 financial year.

Despite this, operating earnings and overall revenue, plus revenue in key product categories such as mobile, broadband and energy, were up.

CEO Mark Callander says it's a tough economic environment - but the company's hoping things will pick up.

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