CORRECT: Chorus anchor price cap set at $46/month as Faafoi tweaks telco bill

Wed, 24 Oct 2018

(Clarifies current pricing in 2nd paragraph, updates share prices in 7th paragraph) By Paul McBeth Oct. 24 (BusinessDesk) - Chorus has agreed to a $46 monthly price cap for its anchor service from July after Telecommunications Minister Kris Faafoi introduced a suite of changes in legislation governing the industry. The telecommunications network operator set the price on the 100/20 megabit per second service after the government sought a contractual arrangement to rein in the price path before a new regulatory regime comes into place....

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