New Chorus director Mark Cross sees opportunity for share price re-rating

Tue, 01 Nov 2016

By Paul McBeth Nov. 1 (BusinessDesk) - Newly elected Chorus director Mark Cross sees an opportunity for the telecommunications network operator's share price to be re-rated by the market because of ballooning demand for online services driving the country's data usage. Cross, a former investment banker who's also chair of institutional investor Milford Asset Management, made his case for election to the Chorus board at today's annual meeting in Wellington. Among the services driving data use are ultra high-definition television, internet...

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