Announcement
MKTUPDTE: CNU: Chorus Q2 FY20 Connections Update
08:30am
CNU
17/01/2020 08:30
MKTUPDTE
NOT PRICE SENSITIVE
REL: 0830 HRS Chorus Limited (NS)
MKTUPDTE: CNU: Chorus Q2 FY20 Connections Update
STOCK EXCHANGE ANNOUNCEMENT
17 January 2020
Chorus Q2 FY20 Connections Update
The Q2 period saw the gigabit fibre uptake surge and the completion of the
UFB1 rollout.
Total fixed line connections declined by 12k to 1,432,000 (Q1 FY20: -6k; Q2
FY19: -21k)
o copper voice line reductions moderated in Q2 (Q2 -12k; Q1 -16k) while
seasonal factors (e.g. holidays and student disconnections) meant reduced
broadband growth in Chorus UFB areas
Total broadband connections stable at 1,206,000 (Q1 FY20: +10k; Q2 FY19: -4k)
o another strong quarter for fibre demand, with 36k connections added
o 1Gbps connections now 13% of mass market fibre connections, at 87k
connections (Q1: 69k)
o UFB uptake rose from 55% to 56%, with the UFB1 rollout now complete and a
further 52,000 customers able to connect to fibre across the UFB1 and 2
footprint
o UFB2 uptake already at 34%
Monthly average data usage for December grew to 293GB, up from 279GB in
September
o copper broadband usage grew to 200GB vs 363GB for fibre users
David Collins
Chief Financial Officer
ENDS
For further information:
Brett Jackson
Investor Relations Manager
Phone: +64 4 896 4039
Mobile: +64 (27) 488 7808
Email: brett.jackson@chorus.co.nz
Nathan Beaumont
Stakeholder Communications Manager
Mobile: +64 21 243 8412
Email: Nathan.beaumont@chorus.co.nz
End CA:00347204 For:CNU Type:MKTUPDTE Time:2020-01-17 08:30:51
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