The Commerce Commission has determined a regulated asset base of $5.425 billion and a maximum allowable revenue (MAR) of $690.2 million to $789.5 million for the first regulatory period for fibre (RP1, 2022-2024).
Chorus CEO JB Rousselot said Chorus is pleased to finally have clarity on how the regulatory framework will shape investment in fibre broadband over the next three years, and that the shift to the new regime on 1 January is a major milestone in the transition from building the fibre network to maintaining what has become essential infrastructure.
Chorus will review all aspects of today’s decisions closely, with a capital management update expected at its interim results on 21 February 2022.
See more
