Shares plunge 14% | CEO says company's dividends, capital structrue and entire business model would need a rethink | Angry investor says it's unsafe to invest in any company with Commerce Commission oversight.

Regulator's decison on what Chorus can charge for its copper lines will affect investors, fibre uptake, and everyone.

Chorus has announced the last member of the New Chorus executive team with Andrew Carroll as chief financial officer, should the proposed demerger be approved by shareholders later this month.

Telecom boss will stay on after half his company is spun-off, but it may only be for the transition phase.

ABOVE: Big chair contenders Reynolds, Ratcliffe, Quin, Crockett and Gourdie.

At an analyst brief in Sydney on May 27, Telecom chief executive Paul Reynolds floated the idea of a “de-merger.”

Now, of course there’s many a game of cat-and-mouse to be played in the months before Crown Fibre Holdings selects its partner(s).