Telecommunications and ICT services company and subsidiary of Leighton Holdings, Visionstream, has been awarded a contract by NBN Co to roll out fibre optic broadband in Victoria, Queensland and southern NSW.
NBN Co said, in a statement, that the contract is valued up to $334 million over two years.
As per the agreement, Visionstream is also offered two one-year options to renew. The contract adds to the existing NBN construction efforts of Silcar in NSW and Queensland, as well as Transfield in Victoria.
“Under the contract announced today the contractor will be responsible for the rollout of the passive network from the fibre access node all the way to the box outside the home, making it ready to connect to the network when the occupants order a service from their chosen provider,” NBN Co chief operating officer, Ralph Steffens, said.
Steffens claimed Visionstream was selected for its extensive experience in the design, construction and maintenance of telecommunications networks.
The company is already responsible for NBN rollout in established communities within Tasmania and in new developments in Victoria and Queensland.
It is also building the first stage of the NBN transit network, which connects communities to the network via rings of backbone fibre-optic cables.
The partnership was made as part of NBN Co’s plans to deliver fast, affordable and reliable broadband to every Australian by 2021.