Full Year 2020 Chorus Ltd Earnings Call Transcript
Good morning, everyone, and welcome to our full year results announcement for FY '20. I'm JB Rousselot, the Chorus CEO, and I'm joined by David Collins, our CFO. Because of the Level 3 restriction in Auckland, I'm coming to you via Zoom today, and David is joining me from our Wellington office. So today's webcast is also about showcasing the benefits of good quality broadband in these difficult times.
I'll start this morning with an overview of the key numbers and trends for FY '20. David will then take you through the financials and the guidance for FY '21 as well as a regulatory update. I'll then talk about some of the new dynamics we're seeing in the broadband market and our strategic focus for FY '21, and then we'll go to Q&A.
So if we look at the highlights for the year, first and foremost is that despite the operational restrictions and the financial impact of COVID-19, we achieved our goal of modest EBITDA growth. This reflected our ongoing focus on reducing costs and on reshaping our business to a fiber
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