Chorus Limited Overview
Pro stress-test →Chorus Limited is the provider of fixed line communications infrastructure services in New Zealand. It completed the government's rollout of ultra-fast broadband a fiber-to-the-premises network covering 87% of the population in New Zealand in December 2022. The company operates as a critical digital infrastructure enabler for the nation's telecommunications ecosystem.
Strategic Profile
Pro stress-test →As a wholesale only network operator, the Company enables retail service providers to deliver fixed line and mobile network services to their customers. Chorus provides access to its fibre and copper network on a wholesale basis to approximately 100 retail service providers. The company benefits from regulatory stability and its position as a regulated infrastructure monopoly with recurring revenue streams.
Competitive Landscape
Pro stress-test →Spark New Zealand is a key competitor as a corporation based in Auckland. The competitive landscape is limited by Chorus' status as the sole nationwide wholesale infrastructure provider. Retail competitors bundle services over Chorus' network but cannot replicate the underlying infrastructure advantage.
Industry Context
Chorus Limited operates in Fixed-line telecommunications infrastructure / Wholesale network operations.
Key facts
Founded: 2011 · Headquarters: Wellington, New Zealand · Employees: 750 · Revenue: $592M · Market cap: $2.48B