NZ telco Chorus has reported NPAT of $NZ47m on revenues of $NZ947m for the year to 30 June 21. EBIDTA was $NZ649m Net profit and revenue were down from $NZ52m and $NZ959m in in FY20. The company blamed the downturn on softer market conditions due to the ongoing effects of…
New Zealand’s Commerce Commission has released a for-consultation draft, for regulatory purposes, of its views on the value of Chorus’ fibre network. The value the commission assigns to the network is a key building block it uses to determine the revenues Chorus will be able to earn over the first…