ComCom increases Chorus spending allowance to $1.7b

Chorus provided further evidence to support its expenditure proposal that was partially accepted by the regulator in its final decision. (Image: Chorus)

Ben Moore

Thu, 22 Aug 2024

Chorus successfully petitioned the Commerce Commission to approve a further $128.4 million of expenditure over the next four years.The fibre infrastructure company first submitted a total spend of $1.895 billion for the next regulatory period, from 2025 to 2028.In a draft decision, ComCom countered with $1.59b because Chorus did not “demonstrate that proposed expenditure is prudent and efficient.” Still, it invited further evidence to support an increase in that number.In its final decision on Thursday, ComCom approved an expenditur...

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