Chorus increases half-year profit by 55% with UFB rollout almost complete
Fibre broadband continues to take on more of Chorus' total revenue as it continues to phase out copper-based services.
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Aussie Broadband continues upward trajectory with 46% first-half revenue increase
The telecommunications provider also saw its half-year after-tax income jump to AU$1.39 million from a AU$10.5 million loss.
Vodafone NZ to drop legacy copper landlines by April 2021
With Vodafone scrapping copper landlines, customers will transition to voice over fibre, wireless, UltraFast HFC, or copper broadband.
Chorus profit dips 10% from COVID-19 headwinds and increased competition
Chorus CEO JB Rousselot said ComCom's draft valuation of his company's fibre network contains expenditure cuts that are not reflective of the market.
ComCom sets initial valuation of Chorus fibre network at NZ$5.4 billion
Chorus' fibre network will receive a finalised valuation at the start of 2022 to determine how much revenue the network can earn for the next three years.
NBN invites all governments to participate in AU$300m regional co-investment fund
NBN's regional co-investment fund has called for government at all levels to participate in its initial funding round.
Kiwi broadband usage grew 37% during pandemic peak
In a year where both telco revenue and investment dipped by NZ$200 million and NZ$100 million, respectively.
NBN to stop new HFC connections pause mid-year
New HFC connections were put on hold in January due to chip shortages arising from the pandemic.
Chorus attributes half-year profit drop to COVID impact on network migrations
The telco will also start cutting off copper services in fibre-heavy areas in September.
NBN offers telcos two paths to extending CVC bundle discounts until April 2023
It also wants to rejig the pricing for its original wholesale plans.