Chorus expects post-cyclone review of infrastructure resilience
Fibre operator saw $33 million decrease in profit in six months to end of December.
Downed trees in the cyclone affected power, phone, and internet connections.
The cost of the fortnight’s cyclone and flooding events to fibre network operator Chorus will not be as high as that suffered after the Christchurch earthquake, the company’s chief financial officer said on its half-year results briefing today.
Chorus declared a $33 million decrease in net
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