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Chorus Limited ( (CHRUF) ) has issued an announcement.
Chorus Limited has released its 2024 Information Disclosure for fibre fixed line access services, reporting a steady regulated asset base of approximately $5.9 billion. The company nearly reached its maximum allowable revenue of $809 million for the year, with a wash-up balance of $153.5 million carried forward to 2025. These figures reflect Chorus’s stable financial performance and its strategic positioning in the telecommunications sector, with implications for future revenue and regulatory compliance.
More about Chorus Limited
Chorus Limited operates in the telecommunications industry, primarily focusing on providing fibre fixed line access services in New Zealand. The company is a key player in the market, with a significant regulated asset base and a focus on maintaining and expanding its fibre network infrastructure.
For a thorough assessment of CHRUF stock, go to TipRanks’ Stock Analysis page.