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Goodbye, $140m: Politics, PR seen behind Chorus decision not to appeal final copper pricing

Company still thinks regulator's decision not to back date is wrong, chairman says. But he's not going to push the point.

Thu, 28 Jan 2016

One analyst says politics and PR were the deciding factors in Chorus' decision not to appeal the Commerce Commission's final copper pricing decision — and kiss goodbye to $140 million in backdated revenue.

On December 15, the ComCom's Final Pricing Principles (FPP) decision set the price Chorus

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Goodbye, $140m: Politics, PR seen behind Chorus decision not to appeal final copper pricing
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