Chorus Ltd traded at 7.78 this Wednesday February 11th, increasing 0.03 or 0.39 percent since the previous trading session. Looking back, over the last four weeks, Chorus gained 3.71 percent. Over the last 12 months, its price rose by 0.52 percent. Looking ahead, we forecast Chorus Ltd to be priced at 7.79 by the end of this quarter and at 7.35 in one year, according to Trading Economics global macro models projections and analysts expectations.
Chorus Limited is a New Zealand-based fixed line communications infrastructure business. The Company maintains and builds a network made up of fiber and copper cables, local telephone exchanges and cabinets. The Company’s product portfolio encompasses a range of wholesale broadband, data, and voice services across a mix of regulated and commercial products. Its products include fiber broadband, copper-based broadband, fiber premium (point-to-point), copper-based voice, field services products, value-added network services, infrastructure, data services over copper and others. Its Business Premium (Enhanced Bitstream 4) is a point-to-point service for large businesses and enterprises with complex connectivity and business resiliency requirements. The Company works with phone and broadband providers, who access its network to deliver their products and services. It has one wholly owned Subsidiary, Chorus New Zealand Limited (CNZL).