Revenue: up 3% to more than $1 billion for the first time
Profit: down from $25m profit to $9m loss on one-off items.
Main takeaway: Strategic change under new CEO should warm up broadband market competition.
Chorus’s new chief executive Mark Aue has unveiled a fresh strategy aimed at lifting New Zealand’s fibre uptake to 80% of addresses that its fibre network passes by 2030.
The uptake measure grew two percentage points to 71.4% over the year to the end of June 2024, which was up from 69.3% and
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