Chorus' four-year revenue cap set at $4.1b

The final cap is $800m higher than the Commerce Commission's draft recommendation.

Fri, 13 Dec 2024

Chorus will be allowed to make $4.1 billion over the next four years after the Commerce Commission set its revenue cap.The cap, which covers the full 2025 to 2028 calendar years, is $800 million above the $3.3b cap proposed in July this year.It accounts for Chorus’ expenditure plans and inflation.Telecommunications commissioner Tristan Gilbertson said the commission’s decision for the current regulatory period prevented $172.6m in costs to consumers over the past four years.“The revenue cap we’ve set today is another pro...

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