Sharechat Logo

2degrees plans $100m network spend

Thursday 10th February 2011

Text too small?

Mobile company 2degrees says it is planning to spend more than $100 million on its network during the next two years.

Chief executive Eric Hertz said the move would mean the network met the growing demands of smartphone and data device users.

The network investment, to be carried out with company Huawei, would bring total investment in 2degrees to more than $400 million.

The company would also open another 30 retail stores in 2011 and create 80 new jobs in a new Christchurch-based contact centre.

 

NZPA



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

TWL - Share Purchase Plan Results
GMT revaluation, unit buyback and proposed structure update
Devon Funds Morning Note - 17 February 2026
CEN - Contact successfully completes NZ$450m Placement
February 17th Morning Report
PFI - Divestments
CEN offers to purchase remaining 25% of King Country Energy
February 16th Morning Report
SkyCity Appoints Chief Financial Officer
February 13th Morning Report