 |
 | |
| Company type | Public |
|---|---|
| NZX: CNU ASX: CNU | |
| Industry | Telecommunications |
| Founded | 2011; 13 years ago |
| Headquarters | Wellington, New Zealand |
Area served | New Zealand |
Key people | JB Rousselot (CEO) |
| Products | Telecommunications, fibre optic infrastructure |
Number of employees | 963 (December 2016) |
| Website | chorus |
Chorus 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 owns the majority of telephone lines and exchange equipment in New Zealand; and was responsible for building approximately 70% of the country's fibre-optic UFB network, receiving a government subsidy of $929 million to do so.[1]
The company was split from Telecom New Zealand in 2011, as a condition of winning the majority of the contracts for the Government's Ultra-Fast Broadband Initiative.[2] By law, it cannot sell directly to consumers,[3] but instead provides wholesale services to retailers.
- ^ "Chorus signs $1b broadband deals". 3 News. 17 April 2013. Archived from the original on 3 July 2013.
- ^ Steve Hart (6 November 2012). "Businesses looking keen to join the fibre revolution". New Zealand Herald.
- ^ "Telecommunications Act 2001 No 103 (as at 28 May 2015), Public Act – New Zealand Legislation". www.legislation.govt.nz. Retrieved 25 September 2016.