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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
2 mins to read

Chorus cuts $200m off fibre capex proposal

Network utility revises contentious scheme for regulated investment from 2025 to 2028.

Chorus chief executive JB Rousselot.

Tim Hunter Mon, 05 Feb 2024

Telco network company Chorus has cut $200 million from its proposed fibre network investment out to 2028 saying there is not enough clarity on market and regulatory conditions to justify it.

The cut relates to network expansion investment outlined to the Commerce Commission for the regulatory period

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Tim Hunter Mon, 05 Feb 2024
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Chorus cuts $200m off fibre capex proposal
Investment,
102574
true