UDPATE: Chorus to look at dividends once copper price set; narrows UFB build cost

Sun, 22 Feb 2015

(Recasts, adds briefing, investor comment) By Paul McBeth Feb. 23 (BusinessDesk) - Chorus will move "relatively quickly" to resume paying dividends once the Commerce Commission sets the price for what the telecommunications network operator can charge for access to its copper line network. Chief executive Mark Ratcliffe told analysts the company will look to restart dividend payments once the regulator makes its final decision setting the company's copper line price in September, subject to any legal challenges the determination might...

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