Chorus has completed construction work to take fibre past about 116,000 premises by the end of March, having passed 88,590 premises as at Dec. 31. It's aiming to pass 149,000 by July.
The company won a $929 million subsidy from the government to build the UFB network after Telecom agreed to structurally carve out the network operator.
The shares were unchanged at $2.65 yesterday.
Meanwhile, Telecommunications Minister Amy Adams has announced changes to the law governing interception of telecommunications by and behalf of intelligence agencies and the police.
The changes to the Telecommunications (Interception Capability) Act 2004 will create a new formalised network security regime.
"The proposed changes will mean network operators will be obliged to engage with the government through the Government Communications Security Bureau on network security, where it might affect New Zealand's national security and economic well-being," said Adams.
These requirements will be backed by a graduated enforcement regime, with escalating responses available if significant national security risks are raised.
"Updating the legislation will ensure that New Zealand's telecommunications companies have a clearer understanding of how to meet their interception obligations while ensuring network infrastructure remains secure, as we move to an increasingly online world."
Privacy requirements imposed on telecommunications companies will remain unchanged, while protocols involving police, intelligence and security agency interceptions are dealt with under separate legislation and will also be unchanged.