Chorus spending $40m to expand fibre network to 10,000 more premises

SYDNEY, AUSTRALIA: Chorus, the largest telecommunications infrastructure company in New Zealand, has announced its plans to extend its fibre broadband network to another 10,000 premises by FY25. The company has submitted an update to the Commerce Commission, the regulatory authority for the telecommunications sector, regarding its proposed investment for the next four years. The fibre…

Chorus Limited announces new Board chair and CFO resignation

AUCKLAND, NEW ZEALAND: The Chorus Limited Board announced that current director Mark Cross will succeed Dr Patrick Strange as chairman when Dr Strange stands down at Chorus’ next annual shareholders meeting in October. Chorus is a provider of telecommunications infrastructure throughout New Zealand. It is listed on the NZX stock exchange and is in the…

Chorus Limited announces NZ$200 million fixed rate retail bond offer

WELLINGTON: Chorus Limited, a provider of telecommunications infrastructure throughout New Zealand, announced that it is offering up to NZ$200 million of unsecured, unsubordinated, fixed rate bonds to New Zealand retail and institutional investors and certain overseas institutional investors. The offer will be across two Series of Bonds. The two Series of Bonds are seven year…