Friday, 29 March 2024

Announcement

MKTUPDTE: CNU: Chorus investor presentation - 29 June

29 Jun 2017 08:30NZX
STOCK EXCHANGE ANNOUNCEMENT

29 June 2017

Chorus investor presentation - 29 June

Chorus is delivering the attached presentation to various investors today.

It notes that:

Total fixed line connections decline continued at broadly the same rate in
April-May, while broadband decline slowed modestly
o Ask for better broadband advertising campaign achieving strong awareness
o new record for fibre orders and connection activity in May
o completing a fibre connection every minute of working day

Shift to utility regulatory framework confirmed by Government announcement on
1 June

Chorus UFB uptake at 35% at end of May
o 264,000 UFB customers with 756,000 able to connect
o May fibre orders were up 33% from same time last year
o UFB2 rollout has commenced in Hokitika

Online video continues to drive significant increases in data traffic
o 1,052Gbps average network throughput at 9pm in May 2017, up 46% from May
2016
o 147GB average monthly household data usage in May  (125GB average on
copper; 217GB on fibre)

ENDS

For further information:

Brett Jackson
Investor Relations Manager
Phone: +64 4 896 4039
Mobile: +64 (27) 488 7808
Email: brett.jackson@chorus.co.nz
End CA:00303283 For:CNU    Type:MKTUPDTE   Time:2017-06-29 08:30:19
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