Chorus Limited
4.40
EUR
+0.10
(+2.33%)
ISIN
NZCNUE0001S2
Return %
Stock
S&P 500
1Y
-9.47
14.20
3Y
11.11
81.12
5Y
8.91
68.34
Capital Structure
NZD
•
in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
NZD
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in mil. unless spec.Semi-annual Revenue
NZD
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in mil. unless spec.Semi-annual Earnings Per Share
NZD
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in mil. unless spec.Semi-annual Dividends Per Share
NZD
•
in mil. unless spec.Company Description
- CEO
- Mark Aue
- Full Time Employees
- 745
- Sector
- Communications
- Industry
- Major telecommunications
- Address
- 1 Willis Street Wellington WG New Zealand 6011
- IPO Date
- Nov 23, 2011
- Website
- company.chorus.co.nz
- Similar Companies
- Business
- Chorus Limited operates as a telecommunications infrastructure company primarily in New Zealand, providing wholesale fibre broadband network services to retail service providers. Its main products and services include the construction, operation, and maintenance of an extensive open access fibre network; wholesale broadband access services; copper network services with a planned phase-out; and related telecommunications infrastructure such as exchanges and transport networks. Chorus supplies ultra-fast fibre broadband to approximately 72% of New Zealand households, connecting over 400 towns and cities. Key offerings include high-speed residential and business fibre plans, with recent upgrades increasing wholesale residential fibre speeds to 500 Mbps download and 100 Mbps upload for over 700,000 homes at no extra cost. Founded in 2011 and headquartered in Christchurch, New Zealand, Chorus plays a central role in the government-backed Ultra-Fast Broadband (UFB) initiative, having completed its rollout in late 2022, which expanded fibre coverage to approximately 87% of the population. The company operates under regulatory frameworks mandating wholesale access to ensure retail competition. Chorus recently renewed and extended NZ$1 billion worth of field service agreements with long-term partners Downer NZ and UCG in 2025, supporting ongoing network maintenance and expansion. In terms of recent major developments, Chorus issued new CIP1 Warrants to National Infrastructure Funding in late 2025, underpinning its strategic capital structure. The company focuses on retiring legacy copper infrastructure progressively, targeting complete phase-out by 2030, enabled by updated regulatory codes. Chorus also promotes the “Big Fibre Boost” initiative to enhance broadband speeds and performance. Its operations are critical to New Zealand’s telecommunications ecosystem, serving retail internet providers rather than direct consumers. Chorus Limited operates independently but within New Zealand’s wider telecommunications sector and collaborates with government bodies and other infrastructure providers to advance digital connectivity. The company emphasizes wholesale fibre broadband infrastructure, complemented by strategic upgrades and service agreements to maintain market competitiveness and support New Zealand’s digital economy growth.
Company News
Chorus Limited (CHRYY) Q4 2026 Earnings Call Transcript
Chorus Limited (CHRYY) Q2 2026 Earnings Call Transcript