Thursday 31st March 2022 |
Text too small? |
horus will today submit its first price-path compliance statement with the Commerce Commission as required by the new regulatory framework for fibre access services. The purpose of a price-path compliance statement is to confirm that forecast revenues are below the price path set by the Commerce Commission for a given period.
The maximum allowable revenue for calendar year 2022 is $692 million, including pass through costs of about $16 million. Today’s price-path compliance statement forecasts that Chorus’ regulated fibre revenue for the 2022 calendar year will be approximately $657 million.
Chorus notes that the fibre revenue forecast does not include annual inflation adjustments to pricing, as per the compliance statement requirements. Any changes to future pricing would typically apply in October following industry consultation. At this time Chorus is required to submit an updated price-path compliance statement.
Authorised by:
David Collins
Chief Financial Officer
ENDS
Chorus to submit first price-path compliance statement
No comments yet
ANZ - 2024 Half Year Results Documents
FWL - Foley Wines Limited 2024 Harvest
IKE Closes Major Multi-Year Subscription Deals
AIA - 2024 Macquarie Australia Conference Overview of AIA
Devon Funds Morning Note - 06 May 2024
EROAD FY24 Results and Webinar Details
thl reduces FY24 NPAT guidance
May 6th Morning Report
Spark New Zealand appoints new director to the Spark Board
AFT to announce full year results on May 23 2024