Chorus expects lower UFB build costs this year after signing new contracts

Mon, 24 Nov 2014

By Paul McBeth Nov. 25 (BusinessDesk) - Chorus, the regulated telecommunications network operator, expects cheaper costs for the roll-out of its ultrafast broadband network in the current financial year after cutting new deals with its contracts. The Wellington-based company anticipates UFB connection costs of between $1,150 and $1,350 in the 12 months ending June 30, 2015, compared to a previous range of between $1,300 and $1,500, it said in a statement. The lower cost comes from new contracts with Visionstream and Downer to provide netw...

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