Announcement
MKTUPDTE: CNU: Chorus Q3 FY20 Connections Update
08:31am
CNU
09/04/2020 08:31
MKTUPDTE
NOT PRICE SENSITIVE
REL: 0831 HRS Chorus Limited (NS)
MKTUPDTE: CNU: Chorus Q3 FY20 Connections Update
STOCK EXCHANGE ANNOUNCEMENT
9 April 2020
Chorus Q3 FY20 Connections Update
The Q3 period saw the COVID-19 lockdown, from 25 March, confirm the utility
role of fixed line broadband.
Monthly average data usage for March grew to 346GB, up 18% from 293GB in
December;
o copper broadband usage grew to 225GB vs 429GB for fibre users, and
o the COVID-19 lockdown is reinforcing the value of unlimited datacaps, with
103GB average usage in just the last week of March, while two-way services
such as video conferencing drove 85% greater upload usage during daytime.
Broadband connections grew 4k in Chorus UFB and rural areas, while total
broadband connections reduced by 4k to 1,202,000 (Q2 FY20: no change; Q3
FY19: +5k);
o fibre demand remained strong with 32k connections added (Q2 FY20: +36k)
despite COVID-19 impacts (i.e. fewer returning students and reduced
installations during lockdown in late March),
o strong growth in 1Gbps connections to 105k (Q2: 87k), now 15% of mass
market fibre connections, and
o UFB uptake rose from 56% to 58% and fibre was extended past 13,000 more
customers.
Total fixed line connections declined by 13k to 1,419,000 (Q2 FY20: -12k; Q3
FY19: -14k)
o copper voice line reductions continued to moderate in Q3 (Q3 -8k; Q2 -12k).
Authorised by
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
Steve Pettigrew
Head of External Communications
Mobile +64 (27) 258 6257
Email: Steve.Pettigrew@chorus.co.nz
End CA:00351511 For:CNU Type:MKTUPDTE Time:2020-04-09 08:31:30
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