Tag: ultra_fast_broadband

NZ RegCo Re-Documents Chorus Waivers and Ruling on Director Restrictions and NIFFCo Securities

9 Nov 2026 9:13 a.m.

The re-documented 2020 decision covers director nomination restrictions tied to the UFB initiative and the issue, conversion and redemption of NIFFCo securities, though Chorus no longer needs waivers on ownership and transfer restrictions after shareholders adopted a replacement constitution.

Business Law Enforcement Financial Markets Legal Federal Government Science & Technology Computers and Internet Chorus Limited NZ RegCo NZX Listing Rules NIFFCo ultra-fast broadband waiver decision Spark New Zealand Demerger Telecommunications
S&P Confirms Chorus' BBB/Positive Rating After NIFF Securities Reclassified as Debt

15 Oct 2026 8:30 a.m. · Source: NZX.com

S&P Global Ratings has reaffirmed Chorus' BBB/positive rating after reclassifying NZ$683 million of NIFF equity securities as 100% debt following their August 2026 sale to institutional investors.

Business Science & Technology Economy Banking Financial Markets Computers and Internet Chorus Limited S&P Global Ratings Credit Rating NIFF Ultra-Fast Broadband Telecommunications