Chorus submits 2024 fibre regulatory report

Chorus has published its Information Disclosure for fibre fixed line access services (FFLAS) for the 2024 disclosure year. This disclosure will also be submitted to the Commerce Commission.

As part of this process, Chorus has calculated that the regulated asset base (RAB) was steady at approximately $5.9 billion during 2024. Within this total, the core RAB grew to $4.9 billion, while the Financial Loss Asset reduced to just under $1 billion.

As expected, Chorus has calculated it was very close to earning its maximum allowable revenue of $809 million for 2024. Wash-up adjustments across the three-year regulatory period result in a total wash-up balance of $153.5 million that is carried forward to 2025.

Details of these calculations and other summary financial information are provided in the attached presentation. All calculations are subject to Commerce Commission review.

The full Information Disclosure reporting schedules are available at: https://company.chorus.co.nz/disclosures

Authorised by:

Drew Davies

Chief Operating Officer

ENDS

• Chorus ID Report 2024 - cover 
• Chorus ID report 2024

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025
RYM - First quarter trading update
July 11th Morning Report
IKE Announces equity raising of A$20 million
Chorus full year results date
FPH 2025 Notice of Annual Meeting and Voting Form
July 10th Morning Report