Sorry, can't seem to edit from my phone so I'll add: I think its just a case of paying back the money they owe to the government. Other LFCs (local fibre companies) are paying off the money early and in return the government no longer has a stake in the LFC. I'm vague on details but It's all good news. See Amy Adams press releases on the Beehive website and Crown Fibre Holdings.
I cant help but think the four LFCs have enormous growth potential; people are pouring into the country; new fibre products are coming onto the market; people's data appetite is insatiable.
I would invest even more in Chorus but for the regulatory environment. What will happen in 2020? Not that long ago some people were calling for Chorus to be nationalised!!! Sometimes I think investing in Argentina would be easier ;)
https://www.beehive.govt.nz/release/...ollout-success