UFB2 decision a mixed bag for Chorus
Share analyst reduces 12-month target; market analyst gives government thumbs up for taking conservative tack with the $310m tender.
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The UFB2 decision was broadly positive for Chorus.
After flirting with the possibility of giving some more of the action to new, smaller players, Crown Fibre Holdings ultimately awarded the $310 million tender* to the four incumbents: Chorus ($291 million), Northpower ($15 million), Enable
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