Transfield Services (TSE) has signed a A$133 million contract with NBN Co to design and construct the fibre optic network in Victoria over the next two years. The contract is for two years with an option to extend for a further two years with a potential value of up to $395 million if the option is taken up. Work will commence in October 2011, subject to satisfaction of several conditions precedent.
“We are pleased to use our expertise in the design, construction and maintenance of telecommunications assets to play a greater role in the delivery of one of the most significant nation building infrastructure projects ever undertaken in Australia,” said Transfield Services Managing Director and Chief Executive Officer Peter Goode. “In addition to our technical experience, Transfield Services can offer NBN Co a uniquely integrated knowledge-based service that includes our in-house design, aerial services and project management capabilities.”
In June 2011, Transfield Services completed the construction of the fibre optic network at one of the first release sites located in the southern New South Wales coastal communities of Minnamurra and Kiama Downs. Transfield Services was also recently awarded NZ$462 million in contracts as part of the rollout of New Zealand’s Ultra Fast Broadband network. Transfield Services has an extensive telecommunications business across Australia and New Zealand. Clients include Telstra, Chorus, Enable Networks, Transpower, Meridian Energy and New Zealand’s Department of Conservation.
Transfield Services delivers essential services to key industries in the resources and industrial, property and infrastructure sectors. A leading global provider of operations, maintenance, and asset and project management services, Transfield Services has more than 26,000 employees in Australia, New Zealand, the United States, Canada, the United Arab Emirates, Qatar, India, Malaysia, Chile and New Caledonia.
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