Chorus' fibre price rises, on the way in October, are "Cynical, money-grabbing and unwarranted," said Taryn Hamilton, head of the consumer division of Vocus, which operated Orcon and Slingshot. "We are hugely disappointed Chorus will proceed with raising wholesale fibre prices in October. Bad debt spatRetailers put disconnections on hold during the lockdown, but now anticipate a "wall of bad debt." The price increase for the mainstay 100Mbit/s plan was required to keep up its investment in its network. Over, the company said its Covid response, including the $2m toward bad debt, was "fair and reasonable."

Source: Otago Daily Times July 09, 2020 01:52 UTC