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

The Warehouse is 'cooked', everyone knows it
Opinion

Simon Robertson: The Warehouse is 'cooked', everyone knows it

Retail is hard because you need to live and breathe it.

NZ stocks end firmly as outlook brightens
Markets Market Close

NZ stocks end firmly as outlook brightens

Improved, post-results season sentiment drove NZ stocks higher.

Jamie Gray 28 Nov 2025
The Warehouse Albany and Silverdale could be first in line for store revamp
Retail

The Warehouse Albany and Silverdale could be first in line for store revamp

The Warehouse’s Albany and Silverdale stores could be first in line to undergo an interior revamp, according to chief executive Mark Stirton, who gave an update to shareholders at the company’s annual meeting on Friday.The meeting covered everything from the company’s 2025 financ...

Staff reporters 28 Nov 2025
Westpac cops $3.64m penalty for lender responsibility breaches
Finance

Westpac cops $3.64m penalty for lender responsibility breaches

Credit Contracts and Consumer Finance Act in focus again.

Andy Macdonald 28 Nov 2025