Chorus Ltd (Chorus) is a technology company that provides broadband and connectivity services. The company carries out the provision of fixed-line communications infrastructure, and data and voice services. It provides fiber broadband plan, fiber premium, copper VDSL service, copper VDSL service, data service over copper, baseband copper broadband service, and other value-added network services. Chorus maintains and builds the Chorus local access network comprising local telephone exchanges, cabinets and copper and fiber cables. The company serves the residential, business, transport and infrastructure sectors. It operates in Australia and New Zealand. Chorus is headquartered in Wellington, New Zealand.
Headquarters
New Zealand
Address
Level 10, 1 Willis Street, Wellington, 6011
Website
www.chorus.co.nz
Telephone
64 9 9752983
No of Employees
846
Industry
Technology and Communications
Ticker Symbol & Exchange
CNU (NZE)
Revenue (2022)
$621.4M
1.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-60.9%
(2022 vs 2021)
Market Cap*
$1.9B
Net Profit Margin (2022)
XYZ
-61.5%
(2022 vs 2021)
* As of and is in US$
Chorus Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Copper Broadband | Broadband Services |
| Fiber | Field Services |
| Infrastructure | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Others | In March, the company expanded the colocation capacity of a data center in Auckland, New Zealand. |
| 2022 | Contracts/Agreements | In August, the company and New Zealand Esports announced a three-year sponsorship for Chorus support the growth of esports in New Zealand, from grassroots initiatives to national championships. |
| 2022 | Others | In May, the company and Nokia announced the successful demonstration of 25 gigabit per second fibre (Gbps) broadband technology at the Chorus Fibre Lab in Auckland. |
Competitor Comparison
| Key Parameters | Chorus Ltd | Telstra Group Ltd | Spark New Zealand Ltd | Zintel Group Limited | Vonex Ltd |
|---|---|---|---|---|---|
| Headquarters | New Zealand | Australia | New Zealand | New Zealand | Australia |
| City | Wellington | Melbourne | Auckland | Auckland | Perth |
| State/Province | - | Victoria | - | Auckland | Queensland |
| No. of Employees | 846 | 31,761 | 5,356 | 120 | - |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mark Cross | Chairman | Executive Board | 2022 | - |
| Mark Aue | Chief Executive Officer | Senior Management | 2024 | - |
| Ewen Powell | Chief Technology Officer | Senior Management | - | - |
| Jo Mataira | Chief People Officer | Senior Management | 2023 | - |
| Mike Shirley | Executive General Manager- Infrastructure | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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