Chorus slashes $200m from fibre investment plan

Chorus slashes $200m from fibre investment plan
(Image: Getty)
Rebecca Howard
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...

More Infrastructure

New directors appointed to NZ infrastructure boards
Infrastructure

New directors appointed to NZ infrastructure boards

New directors have been appointed to the boards of Crown Infrastructure Delivery (CID), National Infrastructure Funding and Financing (NIFFCo), and the New Zealand Infrastructure Commission.Infrastructure Minister, Chris Bishop, highlighted the expertise the new and reappointed d...

BD AI 16 Oct 2025
'Meth' ministry moves: staffing data sought for four-way merger
Infrastructure

'Meth' ministry moves: staffing data sought for four-way merger

Work is progressing on a four-ministry merger with the pejorative nickname ‘Meth’.

Dileepa Fonseka 14 Oct 2025
Aratere sold for scrap, price deemed commercially sensitive
Infrastructure

Aratere sold for scrap, price deemed commercially sensitive

The Aratere ferry has been sold to a specialist recycling shipyard in India for an undisclosed amount.“Details of the sale price are commercially sensitive,” Duncan Roy, executive general manager of Interislander, said.  The ferry was retired last August to make way for the port...

Rebecca Howard 10 Oct 2025
Govt looks to put its Chorus investment on the block
Infrastructure

Govt looks to put its Chorus investment on the block

The finance minister said there's no policy reason for Govt to hold Chorus securities.

Rebecca Howard 10 Oct 2025