Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Chorus lifts broadband connections 1.1% in first quarter

Chorus lifts broadband connections 1.1% in first quarter

April 16 (BusinessDesk) – Chorus, the network operator spun out of Telecom in 2011, increased its broadband connections by 1.1 percent in the first quarter while its fixed-line connections edged up 0.2 percent.

Broadband connections rose to 1.144 million at March 31, from 1.132 million at Dec. 31, the Wellington-based company said in a statement. The biggest gain was in enhanced unbundled bitstream access connections which increased by 20,000 to 767,000 over the quarter.

The company’s fixed-line connections edged up to 1.779 million from 1.776 million. The biggest gain was in fibre connections, which rose by 8,000 to 35,000. Chorus said some of the increase included trial lines not previously billed.

Chorus is investing about $3 billion, including up to $929 million of government financing, to deliver fibre optic broadband infrastructure directly to more than 800,000 schools, businesses, medical facilities and homes.

The company is extending its ultrafast broadband network, with fibre now passing about 228,000 premises, bring 297,000 end users within reach, it said. Some 66,500 rural lines were within reach of better broadband at the end of the quarter as part of its rural broadband rollout, it said.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

OceanaGold: Man Killed In Waihi Mine Accident

A 29-year-old man had died following a work place accident at OceanaGold mine, Waihi last night. The man was killed after the front end loader he was in rolled down a slope. The accident happened at approximately 6.30pm on Thursday night. More>>

ALSO:

Constructing Consent: Annual Housing Consents Highest In Over A Decade

More than 29,000 new homes gained building consent in the year to June 2016, up 16 percent from the previous June year, Statistics New Zealand said today. More>>

ALSO:

War Against Weevil For Future Peas: “No Peas, No Weevil” Ban Now In Place In Wairarapa

The Ministry for Primary Industries (MPI) has today placed a ban on growing peas within a specified area and placed controls on moving pea material (seed and untreated pea straw) within, in and out of this area for the next 2 years. More>>

ALSO:

Wood Producers: Crisis In New Zealand Log Supply

New Zealand wood processing leaders held a hui with senior government officials and political leaders in Whangarei yesterday to assess the acute log supply shortage to local mills in Northland. More>>

Consents And Taxes: Trustpower 'Very Disappointed' With Judgement

Trustpower is "very disappointed" with a Supreme Court ruling dismissing its bid to claim tax deductions on $17.7 million of project costs in a case closely watched by large-scale infrastructure developers. More>>

ALSO:

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news