Provider of telecommunications infrastructure, Chorus Limited (ASX:CNU)
, has announced it will extend ultra-fast broadband (UFB) fibre to another 200,000 homes and businesses in New Zealand.
It comes as the New Zealand Company reached an agreement with Crown Fibre Holdings, to expand its rollout to another 169 areas.
Chorus already supplies UFB fibre to 1.1 million customers and says it’s delighted to be working with the Government on the project.
Chorus has also seen a huge surge in demand for UFB network connection.
Chorus Limited (ASX:CNU)
posted a net profit of $86.76 million at 30 June 2016.