Chorus proposes $1.6b spending programme over three years

Fri, 12 Feb 2021

The Commerce Commission is to consult on a proposal from Chorus that would see the wholesale fibre provider spend $1.6 billion over three years.Under new regulation starting on Jan. 1, 2022, Chorus has said it plans to spend $983 million on network extensions, installations, and service quality. The regulator noted this is 44 percent less than what Chorus spent in 2020 in this area.Chorus also plans to spend $599 million on network operation in the same period, a 17 percent increase from 2020. The first regulatory period ends on Dec. 31, 2024.T...

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