Report
Brian Han
EUR 100.00 For Business Accounts Only

Fixed Wireless Becoming More Painless for Chorus

Connection losses for Chorus stem from three sources: (1) local fibre companies such as Enable and Northpower, (2) the Black Hole due to decline in demand for fixed-line voice services, and (3) fixed-wireless mobile operators. The pressure from the first two sources is not letting up, making up most of the 19,000 line losses suffered in the 2018 September quarter.
However, competition from fixed-wireless is beginning to ease. This was evident in the slowdown in such customers for Spark New Zeal...
Underlying
Chorus Limited

Chorus Limited (Chorus) is a telecommunications infrastructure company. The Company maintains and builds a network made up of local telephone exchanges, cabinets, and copper and fiber cables. The Company's product portfolio encompasses a range of wholesale broadband, data and voice services across a mix of regulated, contracted, and commercial products. Its products include fiber broadband, fiber premium, copper-based voice, data services over copper and copper-based broadband. Its fiber and copper connections provide access to the Chorus fixed lines network to enable connections to the Internet. Its infrastructure includes the physical storage and site-sharing rental services for the co-location of the third party or shared assets. The Company's field services include services in the field to protect, strengthen, and increase the available network.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brian Han

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