Chorus Joins an Ensemble of Telecom Players Seeking Efficiency Gains
No-moat-rated Chorus has joined the list of Australian and Kiwi telecom companies seeking to extract operating efficiencies, having recently conducted its own strategic review. Granted, the scope of the project pales in comparison to those being implemented by peers such as Spark in New Zealand and Telstra in Australia. Still, benefits from the targeted 10% reduction in employees by the end of fiscal 2019, from the current 1,100 count (including temporary staff), could assist in fortifying the e...
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