New Zealand's Commerce Commission proposes a $3.3bn revenue cap for Chorus from 2025-2028 to ease cost-of-living pressures.
New Zealand's Commerce Commission has proposed a $3.3 billion revenue cap for Chorus, a fibre network provider, from 2025-2028. This decision aims to ease cost-of-living pressures on consumers and slow down price increases for fibre services, potentially saving consumers over $250 million over the four-year period. Chorus will review the Commission's draft decision, while further consultation on quality standards is ongoing.
July 17, 2024
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