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Chorus provides update on UFB progress

Chorus has today provided an overview of the progress on Ultra-fast Broadband (UFB), including the latest status of the network build, take-up by region, and the installation experience.

The update comes as the UFB programme moves into the next phase, and demand for fibre becomes mainstream.  The presentation is available in the Investor Presentations section.

“UFB is a significant national broadband upgrade, and Chorus and the wider industry in New Zealand are leading the world,” said Chorus CEO Mark Ratcliffe.  “The build is ahead of schedule, more than 40 Retail Service Providers (RSPs) are selling Chorus fibre products, and all RSPs now offer voice services over fibre. 

“We are now entering a new phase where fibre goes mainstream. We are seeing further increases in demand, the arrival of video streaming services, and the industry is making significant investments in IT to support the fibre rollout.

“However, it is clear that the installation experience is not yet consistently up to scratch for a mainstream service, and as the cornerstone partner in UFB we are taking responsibility for our part in that.” 

 “We are taking a number of steps to drive further improvements, and we have asked our industry partners to back us in these improvements,” he said.