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Economy

Telco fight breaks out over covid-19 'wall of bad debt'

Pattrick Smellie
Sun, 29 Mar 2020

Pattrick Smellie
Sun, 29 Mar 2020
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Monopoly telecommunications infrastructure provider Chorus is coming under intense pressure from retailers Spark, Vodafone, 2degrees and others to shoulder more of the unpaid bills that the sector sees coming at it in coming months.BusinessDesk has been told of heated scenes at a meeting of the Telecommunications Carriers Forum in Auckland last Friday after Chorus pushed back vigorously on the retailers' demand that it should accept 50 percent of what one telco executive has dubbed the "wall of bad debt." The sector expects customers won't be a...

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