Government Considers Sale of Chorus UFB Securities
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The New Zealand government is considering selling its UFB funding securities in Chorus Limited (CHRUF), as announced by the Ministers of Finance and Infrastructure. This feasibility investigation by NIFFCo is not expected to change the terms of the securities, and Chorus will monitor the process closely. Chorus Limited operates in the telecommunications sector, focusing on broadband infrastructure and the Ultra-Fast Broadband (UFB) build programs in New Zealand.
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