Wednesday 25th January 2023 |
Text too small? |
Total fibre connections increased by 17k to 997,000 (Q1 FY23: +21k)
The UFB rollout was completed in December with uptake remaining at 71% (rounded)
• Chorus’ target of 1 million total fibre connections was achieved in mid-January, despite fibre connection growth in Q2 being affected by field workforce constraints
• 0.5% growth in uptake across all UFB areas with 75.5% (+0.5%) in UFB1 areas and 52% (+1%) in UFB2 areas
• Auckland reached 80.5% (+0.5%) uptake, while Wellington grew to 70% (+1%) and some areas (e.g. Dunedin) saw demand affected by student holidays
Total broadband connections reduced 2k to 1,188,000* (Q1 FY23: +1k)
• 3k broadband connections were added in Chorus UFB areas
• 1Gbps and Hyperfibre connections were 36% of mass market fibre adds in Q2
• Hyperfibre (2-8Gbps) connections grew 23%, with monthly volumes lifting steadily
Copper broadband and voice connections declined by 29k (Q1 FY23: -27k)
• voice only disconnections were -10k (Q1 FY23: -8k)
• copper withdrawal: 268 copper broadband cabinets no longer have active customers (Q1 FY23: 177 cabinets)
• CPI increase of 7.2% applied to copper baseband and copper broadband services from mid-December
• total fixed line connections declined by 12k to 1,285,000* (Q1 FY23: -7k)
Average monthly data usage on fibre was 555GB in December (Sept: 554GB)
• ~15% of fibre connections consume 1,000GB+ a month
*totals exclude 8,000 broadband connections Chorus is partly subsidising for student households
Authorised by:
JB Rousselot
Chief Executive Officer
ENDS
No comments yet
Rakon FY2024 Results Announcement Date
WHS - The Warehouse Group FY24 Third Quarter Sales Update
May 10th Morning Report
FY24 Results Announcement Date and Briefing Details
Fonterra appoints permanent CFO
Harapaki wind farm now on track for mid-winter completion
Rabobank picks $8.40 kg/MS forecast milk price for 24/25 dairy season, but warns global dairy price recovery now likely to be slower
Kiwi Property FY24 annual results announcement date
MFB - FY24 Results Announcement Date and Briefing Details
AIA - Announces books closed for retail bond offer