UFB uptake reaches 51% on Chorus networks

UFB uptake reaches 51% on Chorus networks
Gavin Evans
By Gavin Evans Jan. 17 (BusinessDesk) - Growth in the uptake of ultra-fast broadband on the networks Chorus is installing slowed in the December quarter as more of the roll-out was completed. The firm had about 504,000 UFB customers connected at Dec. 31, representing about 51 percent of the 981,000 able to connect at that date. That was up from 42 percent a year ago, but only up from 50 percent at the end of September. The uptake rate is a function of both customer bookings and the pace at which Chorus rolls fibre past more homes and b...