What does that announcement really mean
Beyond me and you guys can seem to agree
Impact on Chorus?
Impact on Spark?
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What does that announcement really mean
Beyond me and you guys can seem to agree
Impact on Chorus?
Impact on Spark?
Will be good news for the shareprice
Yes it will hurt Chorus, but this effect is being diluted by fibre uptake which is expected will markedly accelerate with so many video streaming services launching. The more people who switch to fibre, the less relevant the revised copper price actually becomes. I just hope Chorus has learnt from this experience, and doesn't carry the same arrogant ideologies forward into future fibre pricing
And lets hope their next advertising campaign to get people onto fibre is better. Gigatown was a waste of money and didn't incentise anyone to sign up to fibre. Those that won in Dunedin now have to pay for a 1 Gigabyte service that very few would actually use (it will cost more than a 30Mb service which is more than enough).
+32 cps now $2.46 and a return to the Nov5 2013 breakdown price. Should put a smile on faces of beleaguered holders.
Was down $67123, just broke even a minute ago.