Chorus publishes FY2026 annual report
Reuters2026/08/23 21:39- Chorus published its annual report for the year ended June 30, 2026, highlighting progress toward a simplified all-fibre operating model.
- Fibre uptake rose to 75.9% of addresses passed, supporting the push toward an 80% target by 2030.
- Copper retirement timeline was brought forward to 2028 as remaining copper lines fell to 44,000 nationwide.
- New infrastructure growth focused on mobile backhaul expansion, data-centre connectivity, transport products, subsea cable feasibility, battery storage trials.
- Dividend guidance set at 62 cents per share minimum for FY27, partially imputed, subject to no material adverse changes.
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