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Posts Tagged ‘northern territory’
News, Telecommunications - Monday, November 14, 2011 1:29 - 1 Comment
NBN Co inks remaining construction deals
news The National Broadband Network company has signed a contract with one of its existing construction partners to roll out its fibre infrastructure in South Australia and the Northern Territory, which were not covered by its existing construction contractors.
The company said in a media release issued over the weekend that Syntheo, the joint venture between Lend Lease and Service Stream, had won the construction rights in the state and territory. Syntheo had already won the rights to handle the rollout in Western Australia, while Transfield Services will handle Victoria, and Silcar will take responsibility for NSW, Queensland and the ACT.
The value of the initial agreement with Syntheo is approximately $141 million, with a potential value of up to $341 million if extended for a further two years. The signing of the contract means NBN Co now has construction relationships spanning Australia.
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