Sale could proceed early next year, but final price will have to meet ministers’ ‘value-for-money expectations’.

The Government wants to free up its investment in Chorus.

The Government intends to sell close to $700 million in debt, equity and warrants in telecommunications infrastructure company Chorus.

It had purchased debt and equity securities in NZX-listed Chorus as part of the Crown’s contribution to the roll-out of ultra-fast broadband, a project which was

Want to read more? It’s easy.

Choose your subscription

Already have an account? Login

Smartphone Only Subscription

NZ$29.95 / monthly

Monthly Premium Online Subscription

NZ$49.95 / monthly

Smartphone Only Annual Subscription

NZ$299.00 / yearly

Yearly Premium Online Subscription

NZ$499.00 / yearly

Premium Group Membership 10 Users

NZ$385+GST / monthly

$38.5 per user – Pay by monthly
credit card debit

Premium Group Membership 20 Users

NZ$660+GST / monthly

$33 per user – Pay by monthly
credit card debit

Premium Group Membership 50 Users

NZ$1375+GST / monthly

$27.5 per user – Pay by monthly
credit card debit

Premium Group Membership 100 Users

NZ$2100+GST / monthly

$21 per user – Pay by monthly
credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$999.00 / yearly

Individual

Group membership

NBR Marketplace

Student

Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).

© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *