
Australian fund manager to boost Chorus stake
L1 Capital has been granted approval to boost its stake in Chorus above 10 per cent.
L1 Capital has been granted approval to boost its stake in Chorus above 10 per cent.
Chorus slows connection defection as it defends fixed lines.
Chorus is going to underwrite its dividend reinvestment programme.
NZ Refining stock falls amid pipeline repiar, while Synlait retreats from high.
Spark's dwindling reliance on the copper lines is feeding Chorus' cloudy outlook.
Annual net profit rose 24 per cent to $113 million, or 23 cents per share.
Broadband rollout is something New Zealand is doing right, says Chorus CEO
Chorus boss is the only female CEO among NZ's biggest listed companies.
Kiwis are paying about $4 a month less for their broadband than they were a year ago
Rotorua, Porirua and North Shore feature higher than Wellington and Auckland.
Kate McKenzie became the sole woman at the head of an NZX50 company when she started her new job as Chorus chief executive yesterday.
Chorus is boosting efforts to switch customers using ADSL copper-based broadband services to faster VDSL or fibre technology.
Chorus beat first-half profit expectations and raised its forecast for annual earnings, even as connection numbers fell.
Telecommunications network operator Chorus is set to get regulatory relief for its copper network under new rules governing prices
About a third of people who have switched to ultra-fast broadband have encountered problems with the installation, Consumer NZ research has found.
Former Telstra executive Kate McKenzie will be the only woman to lead an NZX 50 company.
Some 400k internet users in NZ are on a slower form of internet connection than is available, with almost no cost involved in changing to the faster version.
Chorus will continue to provide free non-standard residential ultrafast broadband installations until 2019.
Australian internet users are casting a jealous eye over the Tasman and liking the look of the speeds we're being offered.
Herald investigation: The weather, the skilled-labour shortage, the outsourcing. The Herald examines why Chorus has clocked up a record number of faults.
Mark Ratcliffe will be resigning from the role around the middle of next year.
Manukau City lead the pack with an average 155 gigabytes consumed per household in June.
Telco network company Chorus says it's hunting for 250 new people as it struggles to cope with long delays in fixing faults.
Residents of an Auckland neighbourhood have had no - or limited - phone and internet access for six weeks which they say is outrageous.
A mix of price and revenue caps is proposed in the overhaul of the Telecommunications Act.
Following the Herald's coverage of poorly laid fibre cables, Chorus' CEO says his workforce is stretched beyond capacity.
Newly installed fibre broadband wires were chewed by a pet dog after installers nailed the cables to the dog enclosure, an internet user complains.
Fibre-optic cables for ultra-fast broadband have been installed across fences and through gardens in some Auckland homes - leaving residents concerned.