2degrees says people are its biggest asset, but it needs to take decisive action. 2degrees is proposing to lay off 120 staff, which is 10 per cent of its workforce, because of the coronavirus pandemic. Although it was an "essential service" 2degrees was not immune to the impact of the coronavirus crisis, he said. "We are already seeing revenue impacts and, like all businesses, are in an unprecedented situation with uncertainty on how long it will last." Aue said 2degrees was a resilient business and would continue to invest in its mobile and broadband networks.

Source: Stuff April 14, 2020 04:23 UTC