Chorus Limited (CHRUF) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
The New Zealand Commerce Commission has published a draft decision for Chorus Limited, proposing annual revenues ranging from $908 million to $1,018 million for the 2025-2028 period, with a final decision expected in Q4 2024. The draft includes recommendations such as smoothing of revenue profiles and an update on quality standards for fibre provisioning. Chorus is set to review the draft and address concerns to ensure fair revenue and quality standards that benefit fibre users.
For further insights into CHRUF stock, check out TipRanks’ Stock Analysis page.
