Chorus Limited (CHRUF) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with 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.