Chorus says copper lines regulation threatens to derail fibre investment

Tue, 30 Oct 2012

By Paul McBeth Oct. 31 (BusinessDesk) - Chorus, the telecommunications network operator, says copper lines regulation threatens to derail investment in building a national fibre network by undercutting the new technology. Chief executive Mark Ratcliffe told shareholders in Wellington the decision to split Chorus out of Telecom as a standalone entity was on the idea that "fibre pricing was set so as to be attractive in comparison to the copper pricing" and that regulation could undermine that goal. "Investors continually said they don't und...

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