Chorus Q3 FY21 Connections Update

STOCK EXCHANGE ANNOUNCEMENT

15 April 2021

Q3 FY21 overview

Total fixed line connections declined by 13k to 1,356,000*

Copper broadband and voice connections declined by 42k (Q2 FY21: -50k; Q3 FY20: -44k)
• fixed wireless providers are continuing inertia selling campaigns to their fixed line customers
• 2degrees has begun promoting fixed wireless
• Vodafone introduced new $40 4G fixed wireless plan with 60GB data

Total broadband connections declined by 2k to 1,181,000* (Q2 FY21: -10k; Q3 FY20: -4k)
• return of students from holidays helped restore some prior period disconnections
• COVID-19 impact on net migration and population growth continues to constrain broadband growth

Fibre broadband connections increased by 29k (Q2 FY21: +29k; Q3 FY20: +32k)
• 1Gbps consumer connections increased 7k
• fibre uptake across the completed UFB footprint grew from 63% to 64%, with Chorus’ managed migrations programme adding another 7k activations
• average monthly data usage on fibre increased to 491GB, up from 460GB in Dec (including upstream traffic)
• Sky TV began promoting fibre broadband to its existing customer base towards the end of Q3

*totals exclude the 11,000 broadband connections Chorus is currently providing free to student households

Authorised by:
JB Rousselot
Chief Executive Officer

ENDS

For further information:

Steve Pettigrew
Head of External Communications
Mobile +64 (27) 258 6257
Email: [email protected]

Brett Jackson
Investor Relations Manager
Phone: +64 4 896 4039
Mobile: +64 (27) 488 7808
Email: [email protected]

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Announcement PDF