March 26, 2020 / 7:42 PM / 2 days ago

BRIEF-Chorus Reduces FY20 Gross Capex Guidance To New Range Of NZ$610 Mln To NZ$650 Mln

March 27 (Reuters) - Chorus Ltd:

* REDUCING FY20 GROSS CAPITAL EXPENDITURE GUIDANCE TO A NEW RANGE OF NZ$610 MILLION TO NZ$650 MILLION

* FY20 EBITDA GUIDANCE REMAINS UNCHANGED

* SUSPENDED NON-ESSENTIAL FIELD ACTIVITY

* DECIDED TO DELAY ANNUAL CPI INCREASE OF WHOLESALE FIBRE PRODUCTS UNTIL AT LEAST 1 OCTOBER AND POTENTIALLY LONGER Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below