Chorus invests in datacentres to lift ‘non-regulated revenue’

Chorus invests in datacentres to lift ‘non-regulated revenue’
Chorus' Mohammad Hadi and Joe Caccioppoli flank Vertiv's Mark Langford at the newly upgraded Mt Eden Edgecentre. (Image: Vertiv)
Ben Moore
Of the 600 old telephone exchange buildings scattered around New Zealand, about 70 are fit to host racks of hard drives and servers that could be a boon to Chorus’ bottom line.Since 2015, Chorus has invested several million dollars into the infrastructure for what it calls EdgeCentre Colocation; that is, small and geographically dispersed datacentres that customers can rent space within for data storage and compute needs.The company has been working with US datacentre provider Vertiv to build and deploy the racks to maximise the unus...

More Markets

NZ sharemarket up 0.1% on flat trading day
Markets Market close

NZ sharemarket up 0.1% on flat trading day

The S&P/NZX 50 Index closed at 11,790.92, up 14.18 points or 0.12%.

Advent International eyes NZ deals with Aussie outpost
Markets

Advent International eyes NZ deals with Aussie outpost

US private equity giant says NZ key market for growth.

These shares are 'priced for awful'
Markets

These shares are 'priced for awful'

Kathmandu, SkyCity and Fletcher shares are under pressure. Some are taking the plunge.