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
(20min delay)