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CNU - Chorus News Story

NZD6.51 -0.0  -0.2%

Last Trade - 11:05pm

Sector
Telecoms
Size
Mid Cap
Market Cap £1.51bn
Enterprise Value £3.15bn
Revenue £494.0m
Position in Universe 171st / 1907

BRIEF-Chorus reaches an agreement with Crown Fibre Holdings

Wed 25th January, 2017 7:57pm
Jan 26 (Reuters) - Chorus Ltd  CNU.NZ : 
    * Has reached an agreement with Crown Fibre Holdings to 
extend its ultra-fast broadband (ufb) rollout to a further 169 
areas 
    * Chorus estimates cost of UFB2 communal network will be 
$370 million to $410 million 
    * Agreement does not change Chorus' fy17 capital expenditure 
guidance or previous dividend guidance 
    * All figures in NZ$ 
 
Source text for Eikon:  ID:nNZW7z2SpQ  
Further company coverage:  CNU.NZ  
 
 ((Bangalore.newsroom@thomsonreuters.com;))
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