Revenue and profit slip as competition and COVID-19 bite Chorus
Competition and softer market conditions due to COVID-19's impact saw both revenue and profits at network provider Chorus decline in the year to 30 June.
Competition and softer market conditions due to COVID-19's impact saw both revenue and profits at network provider Chorus decline in the year to 30 June.
Electricity distributors WEL Networks and Waipa Networks have agreed to sell their shares in Hamilton-based UFF Holdings, the holding company for Ultrafast Fibre.
The Commerce Commission has released its draft decisions on the design of the new regulatory regime for fibre broadband networks.
The regulator today released its views on the rules, requirements and processes for a new regulatory regime for fibre networks.
John Hanna has been appointed as the chief executive of community-owned fibre business Ultrafast Fibre.