Media releases

In an independent report prepared for and included as part of Chorus’ submission on the Government’s Discussion Document entitled “Review of the Telecommunications Act 2001” (Discussion Document), Dr Patterson, the previous Telecommunications Commissioner, states that the current regulatory framework is not appropriate to support the transition to fibre.

The estimates used today are based on a draft price issued at the start of a long regulatory process. That price has never been implemented and describing this as a “new tax” is clearly misleading and incorrect.

AUCKLAND – September 12, 2013 – Chorus has unveiled a connected service vehicle prototype that has the potential to radically improve efficiencies in the service industry sector.

Chorus welcomes assurances from Transfield that it is urgently addressing late payment issues to its sub-contractors, and is seeking assurance that there will be no repeat of this issue. Chorus confirms that it has fully paid Transfield for all work undertaken and has no outstanding payments due.  August invoices are scheduled to be paid on September 20.

A national competition is set to determine which New Zealand town will become the first in the southern hemisphere to receive one-gigabit per second broadband speeds – up to 100 times faster than most cities around the globe.

Chorus Limited has today reported its financial result for the twelve months ended 30 June 2013.

Chorus is currently evaluating the impact to its network infrastructure from this afternoon’s earthquakes, but there are no early indications of widespread damage.

The Government has today released a discussion document outlining potential changes to the policy framework for regulating telecommunications services under the Telecommunications Act 2001.  Chorus welcomes the review and the establishment of a clear set of principles to guide the review.

All Chorus network is running normally. Chorus buildings in Wellington, Blenheim and Seddon are closed until structural assessments can be completed.

All Chorus network is running normally. The majority of the Chorus buildings in the area have been structurally examined and are now safe to re-enter.

Chorus today confirmed plans for the deployment of Ultra-Fast Broadband in years’ four and five of its fibre build programme.

I’ve been the Chief Executive of a listed open access infrastructure services company for 17 months. I’ve spent more time on regulation than any Chief Executive could possiblydream of in that time. Domestic and international investors are baffled. Perversely, regulatory risks for our business have increased following structural separation andgovernment-sponsored industry change - the opposite of what was expected. The Government is clear that it is committed to world-class fibre infrastructure, and the longterm gains it will bring. How is it then that we making a $3b investment, and just as this investment begins, the revenues and price signals supporting the investment are allover the place.

Thousands more premises will soon be passed by the new ultra-fast broadband (UFB) network as Chorus, New Zealand’s largest telecommunications utility company together with Crown Fibre Holdings, begin work to deliver fibre to Upper Hutt, Levin, Gisborne and Kapiti.

Chorus has today announced new pricing and specifications for a VDSL-based broadband product.

Chorus Limited today reported its financial result for the six months to 31 December. The fixed line communications infrastructurecompany reported net earnings beforeinterest, tax, depreciation and amortisation (EBITDA) of $331 million for the period, and a net profit of $84 million after tax (NPAT).

Chorus welcomes the Minister’s announcement to bring forward a review of the regulatory framework for telecommunications services.

Chorus has today made a submission to the Commerce Commission in response to the draft price of Unbundled Bitstream Access (UBA) released on 3 December 2012.

The submission calls for an update of the policy framework to ensure the success of the Government’s Ultra Fast Broadband (UFB) initiative.  It also responds to the draft UBA decision and explains Chorus’ intent to apply for a final pricing principle (FPP) review for the Unbundled Copper Local Loop (UCLL) service within the existing framework.    

Chorus today marked the start of the ultra-fast broadband (UFB) rollout in Oamaru, with some areas of the central business district the first to benefit.

The Commission’s final UCLL and draft UBA decisions were released this morning.