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CNU

Chorus Ltd

Diversified Telecommunication Services

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Communication Services

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About Chorus Ltd

Chorus Ltd operates in the Communication Services sector in the Diversified Telecommunication Services industry. Thesis Tracker's coverage of Chorus Ltd includes 5 comments from 1 fund manager, like L1 Capital. Chorus Ltd. is a New Zealand-based telecommunications infrastructure company founded in 2008 and headquartered in Wellington. The firm provides fixed-line communication infrastructure services to retail service providers. Its operations include managing a nationwide network of fiber-optic and copper cables, connecting homes and businesses. Additionally, Chorus offers essential backhaul and co-location services, supporting the critical communications framework for retail service providers across New Zealand.

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ACTION

FUND MANAGER

DATE

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30 Jun 2026

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Commentary

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There are 5 comments from 1 fund manager regarding Chorus Ltd (ASX:CNU).

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Price

$7.25

$7.17

$8.96

Market cap

$4B

Sector

Communication Services

Fund managers

1 manager

First covered

31 Dec 2023

Last updated

30 June 2026

Company Details

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§ Important Notice

The entries below are records originating from third-party statements. Thesis Tracker does not rank, recommend or endorse any fund manager, fund or security. Investment decisions should be made on the basis of the relevant Product Disclosure Statement and, where appropriate, advice from a licensed adviser.

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Frequently asked questions about Chorus Ltd (ASX:CNU)

Frequently asked questions

Who is investing in Chorus Ltd (ASX:CNU)?

Fund managers including L1 Capital have invested in Chorus Ltd (ASX:CNU).

What opportunities or catalysts do fund managers highlight for Chorus Ltd?

L1 Capital, commenting around June 2026 when the share price was approximately $8.22, noted only that Chorus remains well positioned and well-managed, without detailing specific opportunities.

What are the key risks to the Chorus Ltd investment thesis, according to fund managers?

No specific risks have been flagged in the fund manager commentary collected for Chorus Ltd to date; the sole comment from L1 Capital (June 2026, ~$8.22) simply notes that its original investment thesis had matured over time, prompting a full exit of the position, rather than identifying any particular threat.

What is the short interest in Chorus Ltd (ASX:CNU)?

The short interest in Chorus Ltd (ASX:CNU) is 1.37% which makes it the 183rd most shorted stock on the ASX. Of the 433.9M shares that Chorus Ltd has on issue, 5.9M have been sold short.

What does Chorus Ltd (ASX:CNU) do?

Chorus Ltd. is a New Zealand-based telecommunications infrastructure company founded in 2008 and headquartered in Wellington. The firm provides fixed-line communication infrastructure services to retail service providers. Its operations include managing a nationwide network of fiber-optic and copper cables, connecting homes and businesses. Additionally, Chorus offers essential backhaul and co-location services, supporting the critical communications framework for retail service providers across New Zealand.

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