Chorus Limited, trading in the United States as an American Depositary Receipt under OTCMKTS:CHRYY, is a New Zealand-based telecommunications infrastructure company specializing in the deployment, maintenance and operation of fixed-line broadband and fibre networks. As the largest open-access fibre provider in its home market, the company offers wholesale network services to retail internet service providers, mobile carriers and enterprise customers. Chorus does not sell broadband directly to end users, but instead focuses on ensuring reliable and scalable connectivity across urban and rural regions of New Zealand.
Established in December 2011 through the demerger of the access network division of Telecom New Zealand, Chorus has played a central role in the rollout of the Government’s Ultra-Fast Broadband initiative. Over the past decade, the company has constructed and upgraded thousands of kilometres of fibre and copper infrastructure, delivering high-speed broadband access to households, businesses and public sector facilities nationwide. Chorus maintains extensive fibre-to-the-premises (FTTP) and fibre-to-the-node (FTTN) networks, as well as supporting legacy copper services during the transition to full fibre coverage.
Chorus operates under a regulated wholesale framework, providing equal access to all retail providers at regulated price points. Its infrastructure supports a range of digital services, including high-definition video streaming, cloud computing, telemedicine and remote education. The company also collaborates with local councils and community groups to extend fibre connectivity to underserved areas, reflecting its commitment to bridging the digital divide and fostering regional development.
The company’s executive team is led by Chief Executive Officer Mark Ratcliffe, with governance overseen by a board chaired by Richard Coombe. Chorus places strong emphasis on network reliability, safety and sustainable practices, incorporating environmental and social considerations into its operations. By leveraging its infrastructure expertise and strategic partnerships, Chorus aims to support New Zealand’s evolving digital economy and provide foundational connectivity for future telecommunications innovations.
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