Business briefs: Chorus connects

Last updated 09:53 16/04/2014

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Chorus connections increase
Chorus said the total number of fibre broadband connections it provided rose by 8000 to 35,000 during the first quarter of this year. The number of super-fast VDSL copper broadband connections rose by almost 70 per cent to 42,000 over the same period.

Just under 300,000 homes and businesses, in 228,000 premises, were now within reach of ultrafast broadband on its network, the company said.

Overall Chorus' total number of broadband connections rose by 12,000 to 1.14 million during the quarter.

Its total number of fixed-line connections, including lines without broadband, rose by 3000 to 1.49 million.

Diligent adds customers
NZX-listed Diligent says it added a net 113 customers in the first quarter of 2014, taking its total number of clients to 2,563. Sales of upgrades to existing clients continued to be strong worldwide, it said.

Its client retention rate remained among "what we believe to be the best-in-class for "software-as-a-service" companies, the company said in a trading update to the NZX.

Two-thirds of cancellations were as a result of clients merging and taking over one-another, it said. That activity, mainly in the United States, was at a record-level during the quarter, it said.

The company said it added six more staff to its research and development team.

New chairman for GPG
Guiness Peat Group (GPG) has appointed current non-executive director Mike Clasper as chairman with immediate effect. Outgoing chairman Rob Campbell will remain on the board as the company continues the transition to becoming Coats plc.

Ruth Anderson has been appointed as a non-executive director of GPG.

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- Fairfax Media

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