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An update from Chorus Limited ( (CHRUF) ) is now available.
Chorus Limited has released its Q1 FY26 connections update, highlighting a strong demand for data with an average monthly usage of 686GB in August. The company reported an increase in fibre network traffic, particularly during live sports events, and a steady growth in fibre connections, which rose by approximately 7,000 lines in the quarter. The company is on track to retire copper services in its fibre areas by mid-2026, with a commitment to a consumer-centric transition process. The fibre uptake in UFB2 rollout areas increased slightly, and the company’s network extension project has successfully passed over 9,000 addresses.
More about Chorus Limited
Chorus Limited is a telecommunications company based in New Zealand, primarily focused on providing fibre and copper network services. The company is engaged in the rollout and management of fibre optic networks and is actively involved in transitioning from copper to fibre connections across its service areas.
See more insights into CHRUF stock on TipRanks’ Stock Analysis page.