200,000 face disruption as Chorus on the ropes

TELEVISION services to 200,000 Chorus customers were thrown into uncertainty yesterday after the TV cable operator was placed in examinership.

As the High Court appointed an examiner to Princes Holdings, the company which trades as Chorus, it also emerged that Tony O'Reilly's Independent News and Media (INM) had divested itself of its 50% stake in the loss-making company for what is believed to be a nominal sum.

Its share in the company was bought by the other shareholder, Liberty Media International, which now owns the entire company.