Sharechat Logo

Chorus Q1 FY23 Connections update

Monday 10th October 2022

Text too small?

Total fibre connections increased by 21k to 980,000 (Q4 FY22: +20k)

Fibre uptake across the completed UFB footprint grew to 71% (rounded) with deployment continuing

• 1.2% increase in the quarter while the fibre footprint passed another 6,000 customers

• mass market fibre broadband connections increased by 20k

• uptake reached 75% (+1%) in UFB1 areas and 51% (+1%) in UFB2 areas

• Auckland reached 80% (+1%) uptake, while Wellington grew to 69% (+1%)

• the fibre rollout was recently completed in Pukenui, Taipa, Tairua, Tokomaru, Martinborough and Otautau

Total broadband connections increased 1k to 1,190,000* (Q4 FY22: -1k)

• 6k connections were added in Chorus UFB areas

• 1Gbps connections were about one-third of residential fibre adds in Q1

• 1Gbps and Hyperfibre (2-8Gbps) connections now 24% of residential and business connections

Copper broadband and voice connections declined by 27k (Q4 FY22: -33k)

• voice only disconnections were -8k (Q4 FY22: -12k)

• copper withdrawal: 177 copper broadband cabinets no longer have active customers (Q4 FY22: 84 cabinets)

• total fixed line connections declined by 7k to 1,297,000* (Q4 FY22: -13k)

Average monthly data usage on fibre was 554GB in September (June: 567GB)

• daytime network traffic data indicates continued return of workers from home to the office

*totals exclude ~9,000 broadband connections Chorus is partly subsidising for student households

Authorised by:

JB Rousselot

Chief Executive Officer

ENDS



  General Finance Advertising    

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.

Related News:

PFI - Q3 Div & Upgraded FY25 Div Guidance, FY26 Div Guidance
AIA - Auckland Airport announces leadership team change
May 9th Morning Report
May 8th Morning Report
NZME Takeovers Panel determination
MNW - Commerce Commission clears the Contact Energy acquisition
May 7th Morning Report
General Capital Appoints New CFO
SUM - Summerset Considers Retail Bond Offer
SKC - Updated FY25 Full Year Earnings Guidance