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NBN Co commits to new housing roll out

NBN Co has renewed contracts worth up to $230 million over the next four years to connect new housing estates to the national broadband network, as Communications Minister Malcolm Turnbull considers whether to scale back the government-owned company’s involvement in the sector.

NBN Co has renewed contracts worth up to $230 million over the next four years to connect new housing estates to the national broadband network, as Communications Minister Malcolm Turnbull considers whether to scale back the government-owned company’s involvement in the sector.

Under the renewals, ASX-listed construction company Service Stream received a $70 million, two-year contract to continue connecting new housing developments, or greenfields, in New South Wales, Western Australia, South Australia and the Northern Territory.

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James Hutchinson writes on Technology specialising in Technology Companies, Enterprise IT, Telecommunications. Based in our Sydney newsroom, James has over 5 years experience as a journalist. Connect with James on Twitter.

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    Original URL: https://www.afr.com/technology/nbn-co-commits-to-new-housing-roll-out-20140520-iu8t5