Earnings release
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CHORUS STOCK EXCHANGE ANNOUNCEMENT 12 July 2021 Chorus Limited Level 10 , 1 Willis Street PO Box 632 Wellington New Zealand Email : company.secretary@chorus.co.nz Q4 FY21 overview Total fixed line connections declined by 16k to 1,340,000 * Copper broadband and voice connections declined by 44k ( Q3 FY21 : -42k ) fixed wireless providers continued targeted sales campaigns to their fixed line customers • voice only disconnections increased to 14k ( Q3 : -11k ) Total broadband connections declined by 1k to 1,180,000 * ( Q3 FY21 : -2k ) COVID - 19 impact on net migration continues to constrain broadband growth below historic rate . increase of 5k connections in Chorus UFB zone driven by Chorus incentive and migration campaigns market reports indicate smaller retailers continue to grow broadband market share Vodafone and Skinny introduced $ 55 and $ 50 4G unlimited fixed wireless plans ; 5G plans in some areas Fibre broadband connections increased by 29k ( Q3 FY21 : + 29k ) . fibre uptake across the completed UFB footprint grew from 64 % to 65 % • strongest quarterly fibre growth was in the Queenstown and Wellington - Kapiti regions • 1Gbps connections increased 14k and are now 19 % of GPON connections • average monthly data usage on fibre increased to 500GB , up from 491GB in March ( including upstream traffic ) streaming traffic continues to grow with highest June throughput of 2.97Tbps on Queen's Birthday * totals exclude 10,000 broadband connections Chorus is partly subsidising for 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