Earnings release
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CHORUS STOCK EXCHANGE ANNOUNCEMENT 15 April 2021 Chorus Limited Level 10 , 1 Willis Street PO Box 632 Wellington New Zealand Email : company.secretary@chorus.co.nz Q3 FY21 overview Total fixed line connections declined by 13k to 1,356,000 * Copper broadband and voice connections declined by 42k ( Q2 FY21 : -50k ; Q3 FY20 : -44k ) • fixed wireless providers are continuing inertia selling campaigns to their fixed line customers 2degrees has begun promoting fixed wireless • Vodafone introduced new $ 40 4G fixed wireless plan with 60GB data Total broadband connections declined by 2k to 1,181,000 * ( Q2 FY21 : -10k ; Q3 FY20 : -4k ) return of students from holidays helped restore some prior period disconnections COVID - 19 impact on net migration and population growth continues to constrain broadband growth Fibre broadband connections increased by 29k ( Q2 FY21 : + 29k ; Q3 FY20 : + 32k ) 1Gbps consumer connections increased 7k . fibre uptake across the completed UFB footprint grew from 63 % to 64 % , with Chorus ' managed migrations programme adding another 7k activations • average monthly data usage on fibre increased to 491GB , up from 460GB in Dec ( including upstream traffic ) Sky TV began promoting fibre broadband to its existing customer base towards the end of Q3 * totals exclude the 11,000 broadband connections Chorus is currently providing free to student households Authorised by : JB Rousselot Chief Executive Officer ENDS For further information : Steve Pettigrew Head of External Communications Mobile +64 ( 27 ) 258 6257 Email : Steve.Pettigrew@chorus.co.nz