Chorus Travels Across the Tasman to Land New Boss
We are positive on Kate McKenzie's appointment as no-moat Chorus' new CEO. In the trans-Tasman market, Chorus could not have hoped for a better-credentialled telecommunications executive, as McKenzie boasts a 12-year career with Telstra. This was a battle-hardened stint that most recently included, as COO, managing the fallout from Telstra's high-profile mobile network failures earlier this year and rectifying the issues.McKenzie's experience gained in a company directly in the firing line of t...
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.
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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.
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