Chorus points to copper pricing announcements in ASX ‘please explain’

Fri, 29 Nov 2013

By Paul McBeth Nov. 29 (BusinessDesk) - Embattled telecommunications network operator Chorus has pointed to speculation and political comment about regulated pricing for its copper network in a ‘please explain’ notice from the Australian Securities Exchange about its plummeting share price. Chorus said it had been “the subject of third party announcements and considerable third party speculation, particularly concerning the UBA (unbundled bitstream access) pricing process,” in response to a query from the ASX. Other than that, the company sa...

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