2 Degrees in the market for Snap

Forums › 2degrees (including Slingshot, Orcon, Flip, Stuff Fibre, MyRepublic, 2talk and Vocus) › 2 Degrees in the market for Snap

MikeB4

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#165668 16-Feb-2015 19:54

2 Degrees in the market for the purchase of Snap ?

eXDee

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#1240368 16-Feb-2015 20:29

What gave you this idea?

alasta

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#1240421 16-Feb-2015 21:19

Considering how much their network rollout would have cost I wouldn't have thought they'd have the capital to make a major acquisition like that. A strategic partnership would make more sense but they've already done that with Snap and it doesn't appear to have generated much interest.

MikeB4

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#1240423 16-Feb-2015 21:22

eXDee: What gave you this idea?

My commercial vibes

sbiddle

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#1240424 16-Feb-2015 21:23

eXDee: What gave you this idea?

I first head this rumour about 2 years ago, and every few months it keep reappearing, and it's always "nearly a signed deal" that will be announced soon.

While you could clearly never rule it out they do already have a close partnership. Snap supply 2degress with bandwidth and they're probably the only ISP left in the market that would be a suitable acquisition for 2degrees. The fact it hasn't already happened really poses the question as to whether it's something that will ever happen.

MikeB4

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#1240426 16-Feb-2015 21:26

sbiddle:
eXDee: What gave you this idea?

I first head this rumour about 2 years ago, and every few months it keep reappearing, and it's always "nearly a signed deal" that will be announced soon.

While you could clearly never rule it out they do already have a close partnership. Snap supply 2degress with bandwidth and they're probably the only ISP left in the market that would be a suitable acquisition for 2degrees. The fact it hasn't already happened really poses the question as to whether it's something that will ever happen.

The near future will say yay or nay

kiwikiwi

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#1240484 16-Feb-2015 23:40

sbiddle:
eXDee: What gave you this idea?

I first head this rumour about 2 years ago, and every few months it keep reappearing, and it's always "nearly a signed deal" that will be announced soon.

While you could clearly never rule it out they do already have a close partnership. Snap supply 2degress with bandwidth and they're probably the only ISP left in the market that would be a suitable acquisition for 2degrees. The fact it hasn't already happened really poses the question as to whether it's something that will ever happen.

I heard the exact same rumor also 2 years ago and they did recently do a deal with Snap on some of their plans. It's an interesting partnership they have so a acquisition wouldn't be too surprising. From a business aspect 2degrees have done very well for them selves in the 6 years they've been running and I actually feel they have more dominance then Vodafone, (but not Spark for obvious reasons) so them buying out Snap would be a good decision. For a consumer perspective however. I could feel that the dealings would bring even more deals and customers to their already large customer base already.

It would be interesting but not surprising.

You can also follow me on twitter here @kiwifortw I do twitch streams every now and then at twitch.tv/kiwiforthewin :)

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Zeon

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#1240494 17-Feb-2015 00:33

I would expect 2degrees could borrow for that purchase and wouldn't need the spare cash lieing around.

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MikeB4

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#1240507 17-Feb-2015 07:10

Trilogy are well funded and could finance a purchase.

Salami

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#1240573 17-Feb-2015 09:38

If they do end up merging together as a whole company I hope they plan it well..

Usually merges don't end up well like VF and TCL

timmmay

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#1240685 17-Feb-2015 11:15

You think they might snap them up? ;)

Hammerer

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#1240693 17-Feb-2015 11:24

Salami: If they do end up merging together as a whole company I hope they plan it well..

Usually merges don't end up well like VF and TCL

Which has worked very well for many of us who were customers of both.

Salami

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#1240928 17-Feb-2015 15:39

Hammerer:
Salami: If they do end up merging together as a whole company I hope they plan it well..

Usually merges don't end up well like VF and TCL

Which has worked very well for many of us who were customers of both.

We'll see about that later in the year :)

ubergeeknz

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#1240933 17-Feb-2015 15:43

Salami: If they do end up merging together as a whole company I hope they plan it well..

Usually merges don't end up well like VF and TCL

2deg and snap are just on a SLIGHTLY different scale than VF and TCL. Also each sell complementary products, there's not much crossover. More consolidation of the smaller players can only be a good thing for the market.

eXDee

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#1241161 17-Feb-2015 22:28

ubergeeknz:
Salami: If they do end up merging together as a whole company I hope they plan it well..

Usually merges don't end up well like VF and TCL

2deg and snap are just on a SLIGHTLY different scale than VF and TCL. Also each sell complementary products, there's not much crossover. More consolidation of the smaller players can only be a good thing for the market.

And 2degrees upstream is already wholesale snap bandwidth, and it means that all becomes in house but wouldnt need to dramatically change.

The difficulty with mergers is often things like staff, company processes, and software.

I'm skeptical because of the on and off rumours over the years. At this point the rumour is firmly in the "believe it when i see it" zone.

Yabanize

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#1254829 10-Mar-2015 18:13

Would ColdSnap be a good name for if they merged?