0
General

Chorus issues additional Crown Fibre Holdings securities

Wednesday 4 February 2015 | 04:55 CET | News
New Zealand fixed network operator Chorus has issued over 3.65 million Crown Fibre Holdings (CFH) securities at an issue price of NZD 1 per CFH equity security. Dividends will become payable on a portion of the CFH equity securities from 2025 onwards, with the portion of CFH equity securities that attract dividends increasing over time, Chorus said. The funds will be used by Chorus in the construction of the ultra-fast broadband (UFB) network in New Zealand.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Chorus / Crown Fibre Holdings
Countries: New Zealand
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Chorus completes UFB network in Masterton

Published 03 Dec 2015 16:16 CET | New Zealand
New Zealand network operator Chorus announced the completion of its Ultra-Fast Broadband (UFB) network build in Masterton, which ...

Ultrafast Fibre completes UFB rollout in three more towns

Published 13 Feb 2015 06:59 CET | New Zealand
Ultrafast Fibre has completed building the Ultra-Fast Broadband (UFB) network in Cambridge, Tokoroa and Hawera. Business and ...

Chorus expands fibre broadband infra in Ohura, Benneydale

Published 10 Feb 2015 13:05 CET | New Zealand
New Zealand fixed network operator Chorus has completed work on a new fibre-fed broadband cabinet in Ohura and another one in ...

Chorus upgrades broadband infra in Coatesville, Point Wells

Published 10 Feb 2015 11:59 CET | New Zealand
New Zealand fixed network operator Chorus has completed work on new fibre-fed broadband cabinets in Coatesville and Point Wells. ...

Chorus upgrades broadband infrastructure in Wenderholm

Published 10 Feb 2015 11:38 CET | New Zealand
New Zealand fixed network operator Chorus has completed work on new fibre-fed broadband cabinets in Northland. Local residents ...

Chorus issues Crown Fibre Holdings securities

Published 18 Dec 2014 03:57 CET | New Zealand
New Zealand fixed network operator Chorus has issued over 4.44 million Crown Fibre Holdings (CFH) securities at an issue price of ...

Chorus issues CFH securities

Published 28 Nov 2014 14:04 CET | New Zealand
New Zealand fixed network operator Chorus has issued over 2.72 million Crown Fibre Holdings (CFH) securities at an issue price of ...