Chorus Limited
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Type | Public company |
---|---|
Industry | Communications |
Founded | 2011 |
Headquarters | Wellington, New Zealand |
Area served | New Zealand |
Key people | Mark Ratcliffe (CEO) |
Products | Telecommunications, fibre optic infrastructure |
Website | Chorus |
Chorus Limited is a provider of telecommunications infrastructure throughout New Zealand. It is listed on the NZX stock exchange and is in the NZX 50 Index.
The company was spun off from Telecom New Zealand in 2011, as a result of shareholders approving the demerger of retail and infrastructure divisions following state-sanctioned local loop unbundling in 2006.
As of late 2012, Chorus is undertaking installations of fibre optic cables in New Zealand's urban centres as part of the Government's Ultra-Fast Broadband Initiative.[1]
In April 2013 it signed contracts with Visionstream and Downer worth NZ$1 billion to build its part of New Zealand's ultrafast broadband network, after receiving a government subsidy of $929 million.[2]
References
- ↑ Steve Hart (6 November 2012). "Businesses looking keen to join the fibre revolution". New Zealand Herald.
- ↑ "Chorus signs $1b broadband deals". 3 News NZ. April 17, 2013.
External links
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