Chorus Q1 FY23 Connections update

MKTUPDTE
Mon, Oct 10 2022 08:30 am

STOCK EXCHANGE ANNOUNCEMENT

10 October 2022

Q1 FY23 overview

Total fibre connections increased by 21k to 980,000 (Q4 FY22: +20k)

Fibre uptake across the completed UFB footprint grew to 71% (rounded) with deployment continuing
• 1.2% increase in the quarter while the fibre footprint passed another 6,000 customers
• mass market fibre broadband connections increased by 20k
• uptake reached 75% (+1%) in UFB1 areas and 51% (+1%) in UFB2 areas
• Auckland reached 80% (+1%) uptake, while Wellington grew to 69% (+1%)
• the fibre rollout was recently completed in Pukenui, Taipa, Tairua, Tokomaru, Martinborough and Otautau

Total broadband connections increased 1k to 1,190,000* (Q4 FY22: -1k)
• 6k connections were added in Chorus UFB areas
• 1Gbps connections were about one-third of residential fibre adds in Q1
• 1Gbps and Hyperfibre (2-8Gbps) connections now 24% of residential and business connections

Copper broadband and voice connections declined by 27k (Q4 FY22: -33k)
• voice only disconnections were -8k (Q4 FY22: -12k)
• copper withdrawal: 177 copper broadband cabinets no longer have active customers (Q4 FY22: 84 cabinets)
• total fixed line connections declined by 7k to 1,297,000* (Q4 FY22: -13k)

Average monthly data usage on fibre was 554GB in September (June: 567GB)
• daytime network traffic data indicates continued return of workers from home to the office

*totals exclude ~9,000 broadband connections Chorus is partly subsidising for 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]


Announcement PDF


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