Business

Chorus shares slip on draft maximum allowable revenue figure

Chorus slipped 2.47 per cent to $6.31 as the network operator had a setback in its ongoing, multistage tussle with the Commerce Commission over maximum allowable revenue. The stock is now down 14.31 per cent for the year. In a draft decision released this morning, the regulator proposed Chorus’ annual revenue from UFB fibre be […]