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Why Did Chorus Nearly Max Out Its $809M Revenue Cap in 2024?

1:20am on Monday 2nd of June, 2025 AEST Telecommunications
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Why Did Chorus Nearly Max Out Its $809M Revenue Cap in 2024?

1:20am on Monday 2nd of June, 2025 AEST
Key Points
  • Regulated Asset Base steady at approximately NZD 5.9 billion
  • Core RAB increased to NZD 4.9 billion; Financial Loss Asset reduced to under NZD 1 billion
  • Revenue nearly reached maximum allowable NZD 809 million for 2024
  • Wash-up balance of NZD 153.5 million to be carried forward into 2025
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