Chorus Limited
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.
| Company type | Public |
|---|---|
Traded as | 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 |
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. By law, it cannot sell directly to consumers, but instead provides wholesale services to retailers.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.