CNU
19/10/2015 08:30
QUARTER
PRICE SENSITIVE
REL: 0830 HRS Chorus Limited (NS)
QUARTER: CNU: Chorus Q1 connections update
STOCK EXCHANGE ANNOUNCEMENT
19 October 2015
Chorus Q1 connections update
Attached is Chorus' quarterly connections update for the three months ending
30 September 2015.
During the period fixed line connections decreased as expected, as dual
copper-fibre lines were removed and fibre uptake continued to grow in
non-Chorus ultra-fast broadband (UFB) areas.
Total fixed line connections decreased by 18,000 lines to 1,776,000.
Broadband connections increased by 11,000 lines to 1,218,000.
Fibre uptake increased from 14% to 17% across Chorus' UFB areas and 39% of
mass market fibre connections are now on plans of 100Mbps or better. New
fibre connections are averaging more than 300 a day with 6,000 fibre
connections added in September, the largest monthly increase since the
rollout began.
Chorus completed UFB build work in two more areas - Greymouth and Masterton.
There are 501,000 end-users within reach of Chorus fibre.
About 102,000 rural lines are now within reach of better broadband through
Chorus' Rural Broadband Initiative investment and just 1,900 lines remain to
be upgraded.
ENDS
For further information:
Nathan Beaumont
Stakeholder Communications Manager
Mobile: +64 (21) 243 8412
Email: [email protected]
Brett Jackson
Investor Relations Manager
Mobile: +64 (27) 488 7808
Email: [email protected]
End CA:00271923 For:CNU Type:QUARTER Time:2015-10-19 08:31:00
