Why is Chorus' copper network suddenly worth $16b?
Company responds to sharp criticism from InternetNZ.
Chorus [NZX:CNU ] is defending its position that the value of its copper network should be recognised at $14 billion to $16billion — just three years after its book value was put at $1.8 billion, and at a time when the company's entire market cap is $823 million .
Debate over a sudden hike in
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