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Chorus Accelerates Copper Retirement as Fibre Uptake Hits 75.9 Percent

6:30am on Monday 24th of August, 2026 AEST Telecommunications
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Chorus Accelerates Copper Retirement as Fibre Uptake Hits 75.9 Percent

6:30am on Monday 24th of August, 2026 AEST
Key Points
  • Fibre connections rise to 1.15 million with 75.9% uptake
  • Copper connections decline sharply, retirement on track for 2028
  • FY26 revenue grows 1.5% to NZD 1.03 billion, net profit surges 825%
  • Operating expenses fall by NZD 6 million; capex reduced by NZD 40 million
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