Two Degrees Mobile - About the company
Two Degrees Mobile is an acquired company based in Auckland (New Zealand), founded in 2001 by Tex Edwards. It operates as a Provider of mobile & broadband plans. Two Degrees Mobile has raised $28M in funding from Trilogy International, with last known valuation of $*****. The company has 3628 active competitors, including 51 funded and 569 that have exited. Its top competitors include companies like T-Mobile, Vodafone and MTN.
Company Details
- Website
- www.2degrees.nz/
- Social
Key Metrics
Founded Year
2001
Location
Auckland, New Zealand
Stage
Acquired
Total Funding
$28M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on Dec 31, 2021
Investors
Ranked
64th among 3628 active competitors
Employee Count
1,458 as on Jul 01, 2024
Exit Details
Acquired by Macquarie (Dec 31, 2021)
Legal entities associated with Two Degrees Mobile
Two Degrees Mobile is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Two Degrees Mobile Limited CIN: 1117222 , New Zealand, Active | Dec 31, 2000 | $558M (As on Dec 31, 2018) | - | |
TWO DEGREES MOBILE LIMITED CIN: 1117222 , New Zealand, Active | Feb 14, 2001 | $480M (As on Dec 31, 2019) | - |
Two Degrees Mobile's acquisition details
Two Degrees Mobile got acquired by Macquarie and Aware Super on Dec 31, 2021 at an acquisition amount of $*****.
Click here to take a look at Two Degrees Mobile's acquisition in detail
Sign up to download Two Degrees Mobile's company profile
Two Degrees Mobile's funding and investors
Two Degrees Mobile has raised a total funding of $28M over 5 rounds. Its first funding round was on Nov 01, 2010. Two Degrees Mobile has 3 institutional investors.
Here is the list of recent funding rounds of Two Degrees Mobile:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 30, 2018 | 6851352 | Conventional Debt | 7335504 | 3819879 | 1122602 | 1102694 |
May 01, 2015 | 7126347 | Grant (prize money) | 2107967 | 6209192 | 2708759 | |
Jun 18, 2013 | 2146187 | Conventional Debt | 6208650 | 4050268 | 9725241 |
Access funding benchmarks and valuations. Sign up today!View details of Two Degrees Mobile's funding rounds and investors
Two Degrees Mobile's founders and board of directors
Founder? Claim ProfileThe founders of Two Degrees Mobile is Tex Edwards.
Here are the details of Two Degrees Mobile's key team members:
- Tex Edwards: Founder / Shareholder / Chief Project Director of Two Degrees Mobile.
Two Degrees Mobile's Board of Directors
Two Degrees Mobile's board has 3 active members. Adrian Jeffrey Dick and Mark John Callander are part of team and Aaron Paul Smith is independent board member.Here is the list of Two Degrees Mobile's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
siehqyq | Team | - | Current | 5y 9m |
vregjln | Team | - | Current | 9y 7m |
Independent board member | - | Current | 3y 10m | |
naprjrb | Independent board member | - | Past | 6y 7m |
hvcmqpw | Independent board member | - | Past | 3y 8m |
fbpjstv | Independent board member | - | Past | 8y 6m |
vmybqul | Independent board member | - | Past | 1y 6m |
e{dftva | Independent board member | - | Past | 7y 7m |
akprycp | Independent board member | - | Past | 4y 9m |
upwaecw | Independent board member | - | Past | 3y 1m |
mwyqfl{ | Independent board member | - | Past | 9y 5m |
cumkaxy | Independent board member | - | Past | 9y 4m |
zvpftqu | Independent board member | - | Past | 7y 7m |
bcgm{vn | Independent board member | - | Past | 9y 7m |
knprpmq | Independent board member | - | Past | 5y 6m |
View details of Two Degrees Mobile's Founder profiles and Board Members
Two Degrees Mobile's employee count trend
Two Degrees Mobile has 1,458 employees as of Jul 24. Here is Two Degrees Mobile's employee count trend over the years:
Uncover Two Degrees Mobile's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Two Degrees Mobile's Competitors and alternates
Top competitors of Two Degrees Mobile include T-Mobile, Vodafone and MTN. Here is the list of Top 10 competitors of Two Degrees Mobile, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  T-Mobile 1994, Bellevue (United States), Acquired | Provider of mobile telecommunication services | - | 84/100 | |
2nd | Vodafone 1982, Newbury (United Kingdom), Public | Virtual card-linked wallet for consumer payments | - | 82/100 | |
3rd |  MTN 1994, Fairland (South Africa), Public | Provider of mobile network services | $7.05M | 81/100 | |
4th |  Verizon 1983, New York City (United States), Public | Provider of mobile and internet services for home & business | - | 81/100 | |
5th | Provider of mobile internet services for home and offices | $19.7M | 80/100 | ||
6th | Telia Company 1853, Solna (Sweden), Acquired | Provider of integrated telecom and TV services | - | 80/100 | |
7th | Zain Group 1983, Kuwait City (Kuwait), Public | Telecom services provider | - | 79/100 | |
8th | SK Telecom 1984, Seoul (South Korea), Public | Provider of integrated telecommunication services | - | 77/100 | |
9th | Proximus Group 1994, Brussels (Belgium), Public | Provider of telephony, internet, television and network-based ICT services | - | 77/100 | |
10th | Telecom Italia 1994, Rome (Italy), Public | Integrated telecom service provider | - | 77/100 | |
64th |  Two Degrees Mobile 2001, Auckland (New Zealand), Acquired | Provider of mobile & broadband plans | $28M | 66/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Two Degrees Mobile's competitors? Click here to see the top ones
Two Degrees Mobile's Investments and acquisitions
Two Degrees Mobile has made no investments or acquisitions yet.
News related to Two Degrees Mobile
Filter this listMedia has covered Two Degrees Mobile for a total of 11 events in the last 1 year, 5 of them have been about company updates and 5 about partnerships.
•
•
2degrees, Bunnings team up on tradie telco, energy dealsChannelLife•Mar 04, 2026•Two Degrees Mobile, Bunnings Price
•
•
NTT DATA and Ericsson Team Up to Scale Private 5G and Physical ...AlBawaba•Feb 27, 2026•NTT DATA, Ericsson, LPC, Nokia and 2 others
•
2degrees partners with HPE for private AI platformanewbeast•Jan 27, 2026•Two Degrees Mobile, Hewlett Packard Enterprise
•
2degrees announced as first sponsor for Auckland FC women's teamChannelLife•Oct 15, 2025•Two Degrees Mobile
•
2degrees posts record $1.385bn revenue & unveils new growth strategyChannelLife•Sep 24, 2025•Two Degrees Mobile
•
•
Nokia wins upgrade projects from Vi, 2degreesMobileWorldLive•Mar 31, 2025•Nokia, Vodafone Idea, Two Degrees Mobile
•
2degrees adds AST SpaceMobile to satellite line-upMobileWorldLive•Mar 11, 2025•Two Degrees Mobile, AST & Science, Lynk, Verizon and 1 other
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Two Degrees Mobile
Explore our recently published companies
- Buddha Natural - Darjeeling based, 1994 founded, Unfunded company
- Unfinishedfurniture Org - Unfunded company
- Rent A Tree - Ernakulam based, 2023 founded, Unfunded company
- Swish - Paris based, 2021 founded, Unfunded company
- Livingbodies Org - Public company
- Alpha Tensor - Gurugram based, 2023 founded, Unfunded company
