Chorus and RSPs blindsided by fibre uptake
Chorus' capital expenditure brought forward and facing a revenue reduction, analyst says. With special audio feature.
The surge in demand for ultrafast broadband will have two key impacts on Chorus [NZX: CNU].
First NZ Capital head of institutional research Arie Dekker says it will bring forward capital expenditure on connections and a reduction in revenue as it loses market share to other local fibre companies
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Campbell Gibson
Thu, 11 Feb 2016
Thu, 11 Feb 2016
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Chorus and RSPs blindsided by fibre uptake
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