Chorus slashes $200m from fibre investment plan

(Image: Getty)

Mon, 05 Feb 2024

Chorus plans to extend fibre broadband to another 10,000 premises, down from a proposed programme of 40,000.In November, Chorus published its proposal to the Commerce Commission for the 2025-2028 fibre regulatory period. At the time, it proposed a build programme of 40,000, subject to further business casing and market and regulatory developments.On Monday, it submitted an update.'Uncertainty'“Today’s announcement confirms a build programme of 10,000 premises and, given the uncertainty on Chorus being able to make a fai...

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