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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 4 sources · 14 days · First seen · Last updated

Chorus telecommunications financial performance

Overview

Telecommunications provider Chorus reported growth in operating revenue, EBITDA, and net profit for the financial year ending June 30, 2026. Driven by high fibre uptake and cost control measures, operating revenue rose to $1.03 billion, a $15 million increase over the previous year. Net profit after tax saw a significant rise to $37 million, up from $4 million in FY25.

Fibre connections grew by 32,000 to reach a total of 1,147,000, accounting for 96 per cent of the company’s total network connections. Fibre uptake currently stands at 75.9 per cent of available addresses, moving toward a target of 80 per cent by 2030. Chief Executive Mark Aue noted that rising artificial intelligence workloads and data centre expansion are expected to drive future digital connectivity demand.

As part of its transition to an all-fibre model, Chorus has moved its nationwide copper network retirement deadline forward to 2028. The company is also evaluating a potential new inter-island subsea cable and conducting battery energy storage system trials.

Entities

Colin Copp · Gary Osborne · KADEX Aero Supply · Voyageur · Chorus

Timeline

  1. 20 days ago

    [BUSINESS] 4 sources
    Chorus reports revenue and profit growth driven by fibre uptake

    Chorus reported growth in FY26 revenue to $1.03 billion and a net profit increase to $37 million, driven by rising fibre uptake and a strategic shift toward an all-fibre business model.

  2. about 1 month ago

    [BUSINESS] 2 sources
    Chorus Aviation hits 52-week high following strong Q2 earnings

    Chorus Aviation reached a new 52-week high following strong Q2 results, featuring a 54% increase in adjusted net income per share and continued expansion in the aerospace and defense sectors.

Sources

arnnet.com.au · geekzone.co.nz · raskmedia.com.au · reseller.co.nz