NBN Co inks deal for completion of rollout in Tasmania

NBN Co, the public-private operator overseeing the construction and management of the National Broadband Network (NBN), has announced that it has finalised the construction contract that will see Tasmania become the first state where the new fibre infrastructure has been rolled out in its entirety. Under the terms of the contract, Visionstream Australia, part of the Leighton Holdings Limited group of companies, has been selected to replace copper telephone lines with the high speed fibre optic broadband network in cities, towns and suburbs covering around 200,000 homes and businesses; the four-year design, construction and maintenance contract is valued at around AUD300 million (USD314 million), and contains an option for renewal over each of the following two years

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OVETEL NBN Co inks deal for completion of rollout in Tasmania