Government Considers Sale of Chorus UFB Securities
The New Zealand government is considering selling its UFB funding securities in Chorus Limited (CHRUF), as announced by the Ministers of Finance and Infrastructure. This feasibility investigation by NIFFCo is not expected to change the terms of the securities, and Chorus will monitor the process closely. Chorus Limited operates in the telecommunications sector, focusing on broadband infrastructure and the Ultra-Fast Broadband (UFB) build programs in New Zealand.
Chorus Limited ( (CHRUF) ) has shared an update.
The New Zealand government is considering selling its UFB funding securities in Chorus Limited, as announced by the Ministers of Finance and Infrastructure. This move, currently under feasibility investigation by NIFFCo, is not expected to alter the terms and conditions of the securities, and Chorus will be monitoring the process closely.
More about Chorus Limited
Chorus Limited operates in the telecommunications industry, primarily focusing on providing broadband infrastructure services. The company is known for its role in the Ultra-Fast Broadband (UFB) build programs in New Zealand.
See more insights into CHRUF stock on TipRanks’ Stock Analysis page.
