Monday, 05 December 2016

Chorus puts dividends on hold until next year

By Mary Lennighan, Total Telecom
Friday 25 July 14

New Zealand operator amends bank facilities to reflect Commerce Commission's extended copper pricing review.

New Zealand network operator Chorus on Friday announced that it will pay no dividends until 2015 due to an uncertain regulatory situation. The telco said dividend payments are on hold until the conclusion of the Commerce Commission's pricing review process or until 30 June…

New Zealand network operator Chorus on Friday announced that it will pay no dividends until 2015 due to an uncertain regulatory situation. The telco said dividend payments are on hold until the conclusion of the Commerce Commission's pricing review process or until 30 June…

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