Government to do own analysis of Chorus before deciding on options for UFB rollout

Wed, 06 Nov 2013

Nov. 7 (BusinessDesk) – The government has ordered up arm’s length analysis of Chorus’s financial position and its ability to deliver the national ultra-fast broadband network before deciding whether it needs to bridge a funding gap that may flow from regulated prices. Chorus has raised the prospect that it may no longer be a credible partner for the government in the rollout of UFB given the Commerce Commission plans to cut the price the company can charge for access to its copper lines from December next year. The company has forecast an...

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