Tag: copper_retirement

Chorus lifts FY26 dividend to 60c as fibre uptake hits 76.2%

4 Nov 2026 9:50 a.m. · Source: NZX.com

Chorus told shareholders at its annual meeting that FY26 EBITDA rose to $726m and dividends grew 4.3% to 60 cents per share, with copper retirement now targeted for 2028.

Business Science & Technology Economy Financial Markets Computers and Internet Legal Chorus annual shareholders meeting fibre uptake copper retirement dividend Mark Cross Mark Aue
Chorus Fibre Connections Reach 1,152,000 as Copper Retirement Nears End

30 Oct 2026 11:06 a.m. · Source: NZX.com

Chorus added 5,000 net fibre lines in Q1 FY27 as total fixed line connections edged up to 1,192,000, with average monthly fibre usage rising 11% year on year to 741GB.

Business Science & Technology Financial Markets Computers and Internet Economy Chorus fibre broadband copper retirement New Zealand telecommunications data usage UFB Drew Davies