UPDATE Chorus shares slip after ‘pragmatic’ deal with Crown Fibre

Mon, 10 Mar 2014

(Adds investor comment, minister comment, share price throughout) By Paul McBeth March 11 (BusinessDesk) - Shares in Chorus slipped after the telecommunications network operator said it reached an initial deal with Crown Fibre Holdings to manage cash flow and provide more certainty for the ultrafast broadband roll-out. The telecommunications infrastructure company has been given greater flexibility in building the network, provided it meets agreed deadlines to complete the national fibre roll-out, and Crown Fibre Holdings will more closely a...

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