About Two Degrees Mobile
Two Degrees Mobile is a Telecommunications company based in Auckland (New Zealand) founded in 2001 by Tex Edwards, and was acquired by Macquarie Group in December 2021. Mobile and broadband plans are provided in New Zealand. Two Degrees Mobile has raised $28 million across 5 funding rounds from investors including Macquarie Group, European Union and Trilogy International. Its chief executive, as recorded, is Mark Aue. Its website 2degrees.nz draws about 2.1 million monthly visits. Two Degrees Mobile offers products and services including Pay Monthly Plans, Prepay Plans, Broadband Plans, and Mobile Phones. Its focus areas include Telecom, Telecom Operators and Cellular. Its legal entity is Two Degrees Mobile Limited.
Company details
Two Degrees Mobile was founded in 2001 in Auckland, New Zealand, within the telecommunications sector. Mobile phone and broadband internet services are delivered to residential and business customers across the country. Operations are centered in Auckland, with network coverage extending nationwide. Leadership is provided by CEO Mark Aue, while Tex Edwards serves as the founder. The domain 2degrees.nz is utilized for online services.
- Headquarters Auckland, New Zealand
- Founders Tex Edwards
- Stage Acquired
- SectorsTelecommunications
- Website category Computers Electronics and Technology · Telecommunications
- Website 2degrees.nz
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Macquarie Group (Dec 2021)
- Legal Name Two Degrees Mobile Limited
- Total Equity Funding$28M (USD)
in 5 rounds
- Latest Funding Round$169.54M (USD), Debt – Conventional
Jul 2018
- InvestorsMacquarie Group
& 4 more
- Acquired byMacquarie Group
(Dec 2021)
Products & Services of Two Degrees Mobile
Two Degrees Mobile offers a comprehensive portfolio of products and services, including Pay Monthly Plans, Prepay Plans, Broadband Plans, and Mobile Phones.
Subscription-based mobile plans for personal and group use.
Flexible prepaid mobile options for on-demand usage.
High-speed fibre and wireless broadband for home and business.
Sales of smartphones with interest-free payment options.
Apps and channels of Two Degrees Mobile
its YouTube channel 2degreesnz has 4.61K subscribers and 30 videos.
Videos from Two Degrees Mobile
The most watched videos on Two Degrees Mobile's YouTube channel, 2degreesnz (4.61K subscribers). Click a video to play it here.
More on 2degreesnz.
Funding Insights of Two Degrees Mobile
Two Degrees Mobile has successfully raised a total of $28M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $169.54 million completed in July 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $28M
- Total Rounds 5
- Last Round Debt – Conventional — $169.54M
- First Round $23.5M
(Nov 2010)
- Investors Count 3
All 5 funding rounds of Two Degrees Mobile with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2018 | $169.54M | Debt – Conventional | – | – | – |
| May 2015 | $1.84M | Grant | – | – | |
| Jun 2013 | $165M | Debt – Conventional | – | – | |
| Jan 2011 | $4.5M | Private Equity Round | – | Trilogy International | – |
| Nov 2010 | $23.5M | Private Equity Round | – | Trilogy International | – |
5 investors in total: 5 institutional.
Investors in Two Degrees Mobile
Two Degrees Mobile has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Macquarie Group, European Union and Trilogy International.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Operates as a commercial bank, offering deposits, loans, and payment services to customers. | 1861 | bnz.co.nz | Auckland, New Zealand | |
Wireless communications networks are operated across select international markets. | 2005 | trilogy-international.com | Bellevue, United States | |
Offers comprehensive retirement planning, financial advisory, and investment management services. | 1992 | aware.com.au | Sydney, Australia | |
A global financial services organization with Australian heritage is operated. | 1969 | macquarie.com | Sydney, Australia |
Investor details for Two Degrees Mobile
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Two Degrees Mobile
87 people are tracked at Two Degrees Mobile (22 in leadership, 65 in team).
| Name | Role | Group |
|---|---|---|
Tex Edwards | Founder | Leadership |
Mark Aue | CEO | Leadership |
Michael Balfour | Head Of Sales - Wholesale | Leadership |
Sam Ranaweera | Head Of Sales - Internal And Partner Channels | Leadership |
Zac Summers | Chief Marketing And Strategy Officer | Leadership |
Stephen Kurzeja | Chief Technology & Information Officer | Leadership |
Jessica Bartlett | Chief People Officer | Leadership |
Claudine Rogers | Head Of Customer Care - Consumer | Leadership |
Mark Callander | Chief Executive | Leadership |
Kiri Jordan | Head Of Business Sales (northern) | Leadership |
Emma-Kate Greer | Chief Customer Officer | Leadership |
Nick Read | Head Of Security Operations | Leadership |
Aaron Smith | Chief Financial Officer | Leadership |
Paul Mathewson | Chief Commercial Officer | Leadership |
Donna McEwen | Head Of Business Marketing | Leadership |
Elisapeta Selesele | Head Of Network, Infrastructure & Operations | Leadership |
Quentin Reade | Head Of Communications | Leadership |
Adrian Lee | General Manager Commercial | Leadership |
Chris Frater | Head Of Business Finance | Leadership |
Ryan Ghisi | Head Of People Operations And Experience | Leadership |
67 more people are available in the full profile.
Complete people profiles for Two Degrees Mobile
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
- Board tenure
- Professional contacts
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Timeline of Two Degrees Mobile
4 dated milestones of Two Degrees Mobile across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Two Degrees Mobile is founded.
- Funding First funding round of $23.5M.
- Funding Latest funding round, Debt – Conventional, of $169.5M.
- Exit Acquired by Macquarie Group.
Web traffic of Two Degrees Mobile
The website of Two Degrees Mobile (2degrees.nz) receives about 2.1M visits a month and ranks #25,002 among all websites worldwide, #3,189 in Telecommunications.
- Monthly visits2.1M
▼ 4% vs previous month
- Unique visitors885.5K
per month
- Global rank#25,002
among all websites
- Category rank#3,189
Computers Electronics and Technology · Telecommunications
- Bounce rate38%
- Pages per visit3.7
- Average visit2 min 32 sec
- DevicesDesktop 16% · Mobile 84%
Websites whose visitors overlap most with Two Degrees Mobile. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| spark.co.nz | 100% | 5.7M | #14,128 | View details | |
broadbandcompare.co.nz | broadbandcompare.co.nz | 93% | #358,582 | – | |
| glimp.co.nz | 88% | 680.7K | #732,588 | View details | |
| one.nz | 83% | 4.2M | #13,542 | View details | |
skinny.co.nz | skinny.co.nz | 63% | #65,691 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Two Degrees Mobile
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Two Degrees Mobile
Complete news archive for Two Degrees Mobile
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Frequently Asked Questions about Two Degrees Mobile
Two Degrees Mobile was founded in 2001 and raised its 1st funding round 9 years after it was founded.
Two Degrees Mobile is headquartered in Auckland, New Zealand.
Mark Aue is the CEO of Two Degrees Mobile, as recorded in our data.
Two Degrees Mobile is a funded company, having raised a total of $28M across 5 funding rounds to date. The company's 1st funding round was a Private Equity Round of $23.5M, raised on Nov 2010.
Two Degrees Mobile was founded in 2001 in Auckland, New Zealand, within the telecommunications sector. Mobile phone and broadband internet services are delivered to residential and business customers across the country. Operations are centered in Auckland, with network coverage extending nationwide. Leadership is provided by CEO Mark Aue, while Tex Edwards serves as the founder. The domain 2degrees.nz is utilized for online services.
Two Degrees Mobile offers Pay Monthly Plans, Prepay Plans, Broadband Plans, and Mobile Phones.
Two Degrees Mobile has 5 investors. Key investors include Macquarie Group, European Union, Trilogy International, Bank of New Zealand, and Aware Super.
Two Degrees Mobile operates through Two Degrees Mobile Limited.
Yes. Two Degrees Mobile was acquired by Macquarie Group in December 2021.
The website of Two Degrees Mobile receives about 2.1 million visits a month and ranks #25,002 among all websites worldwide.