- Release Date: 14/02/13 16:33
- Summary: GENERAL: DOW: Downer Awarded Contract to Rollout the NBN in Northern NSW
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DOW 14/02/2013 14:33 GENERAL REL: 1433 HRS Downer EDI Limited GENERAL: DOW: Downer Awarded Contract to Rollout the NBN in Northern NSW Media/ASX and NZX Release 14 February 2013 DOWNER AWARDED CONTRACT TO ROLLOUT THE NATIONAL BROADBAND NETWORK IN NORTHERN NEW SOUTH WALES Downer EDI Limited (Downer) announced today it had been awarded a contract for the rollout of the National Broadband Network (NBN) to homes and businesses in northern New South Wales. Under the NBN Project, Downer will be responsible for construction of the optical fibre network from the main fibre nodes to the boxes outside the home or business that allows customers to connect to the NBN. The contract is valued at up to $94 million over two years, with two one-year options to extend the agreement. The Chief Executive Officer of Downer, Grant Fenn, said: "Downer is very pleased to be supporting NBN Co's expanding program to roll out its high speed broadband network across Australia. This contract in northern New South Wales follows the announcement in December 2012 that Downer had been awarded a contract valued at $66 million for design and construction of services to connect flats and units to the NBN in New South Wales, Victoria and the ACT. "Downer has extensive experience, expertise and scale in the Telecommunications sector in Australia and New Zealand. In addition to the work we have won recently with NBN Co, Downer has an ongoing relationship with Foxtel to provide satellite and cable subscription television installation and maintenance services in Adelaide, Brisbane, Melbourne and Sydney, and an agreement with Telstra for network design and construction services. In New Zealand, Downer is a major supplier to New Zealand's three main telecommunications providers, Chorus, Vodafone and Telecom. Downer has a contract with Chorus to install ultrafast broadband, is working with Chorus and Vodafone on the Rural Broadband initiative and is also building its relationships with other providers." For further information please contact: Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470145 Sonja Stockton, Manager Corporate Affairs +61 437 766483 Downer EDI Limited (www.downergroup.com) provides comprehensive engineering and infrastructure management services to the public and private Minerals & Metals, Oil & Gas, Power, Transport Infrastructure, Telecommunications, Water and Property sectors across Australia, New Zealand and the Asia Pacific region. End CA:00232924 For:DOW Type:GENERAL Time:2013-02-14 14:33:16
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