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Tech & Innovation
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Chorus fulfills earning forecast but profits down

Fibre connections were up, suggesting fixed wireless alternatives not yet undercutting offering.

Geraden Cann Mon, 24 Aug 2020

Telecommunications infrastructure provider Chorus has fulfilled its ebitda guidance, reporting $648 million for the year ended June 30.

The sum was at the upper end of the guidance, which was increased in February to $640m to $655m.

However, Chorus’ profit came in just below the previous

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Chorus fulfills earning forecast but profits down
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