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Broadband

New Zealand govt releases Chorus financial assessment report

Monday 16 December 2013 | 00:29 CET | News
New Zealand communications minister Amy Adams has released the final report from Ernst & Young Australia on whether Chorus can deliver on its broadband contracts. The government had commissioned Ernst & Young to investigate Chorus' capability to deliver on its Ultra-Fast Broadband (UFB) and Rural Broadband Initiative (RBI) contractual commitments, in light of the Commerce Commission's decisions on final wholesale prices for copper-based broadband services. The report confirms that copper price changes will have a significant impact on Chorus' financial position, and the wide range of actions

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Categories: Internet
Companies: Chorus / Crown Fibre Holdings / TUANZ
Countries: New Zealand
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