NBN Co distributes $ 1.1 billion in fiber upgrade contracts
NBN Co distributed $ 1.1 billion over four contracts to upgrade fiber connections to the fiber node to the premises for homes and businesses.
Constituting more than a third of the national broadband network (NBN) manufacturer’s $ 2.9 billion investment in node connection technology upgrade, NBN Co awarded contracts to Lendlease Services and Fulton Hogan Utilities, in addition to previously announced contracts for Ventia and Downer Group.
Lendlease’s contract will upgrade connections across Queensland, New South Wales, Victoria and ACT, while Fulton will focus on Western Australia and South Australia.
Meanwhile, Ventia will focus on Queensland, New South Wales and Victoria, and the Downer Group will facilitate upgrades for Western Australia and New South Wales.
As for the Northern Territory and Tasmania, NBN Co noted that their upgrades will be delivered under existing NBN construction contract agreements.
“We are very excited to be working with these delivery partners to continue to evolve the NBN network and ensure that more Australian homes and businesses can access the broadband services they need to stay productive while working and studying. at home, and also to enjoy all the entertainment. and the benefits of broadband, ”said Kathrine Dyer, COO of NBN Co.
“Not only will this work help provide better broadband access to more homes and businesses, but these network investments will also help spur job creation and retention through new construction activities that would have otherwise been reduced at the end of our initial build. “
These contracts are part of NBN Co’s announcement of a $ 3.5 million investment to make NBN’s highest wholesale speed levels available to up to 75% of homes and businesses here. 2023, in September 2020.
NBN Co’s upgrade program selection criteria include anticipated demand for higher speeds; areas that it can deploy with speed and agility; and economic benefit.
Eligible areas are expected to initiate requests to introduce fiber and higher-speed services to internet retailers by the end of 2021.
The contracts come two months after NBN Co announced it had extended fiber connections to an additional 900,000 fiber connections across Tasmania, the Northern Territory and ACT in May.
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