Chorus' capital expenditure brought forward and facing a revenue reduction, analyst says. With special audio feature.
Campbell Gibson Thu, 11 Feb 2016
The surge in demand for ultrafast broadband will have two key impacts on Chorus [NZX: CNU].
First NZ Capital head of institutional research Arie Dekker says it will bring forward capital expenditure on connections and a reduction in revenue as it loses market share to other local fibre companies