NBN Co inks rollout deal for South Australia and Northern Territory with Syntheo

NBN Co, the public-private company set up to oversee the construction and management of Australia’s National Broadband Network (NBN), says it has now ‘established a program of construction works to upgrade the telecommunication infrastructure in every state and territory of Australia’.

The announcements comes as NBN Co revealed that Syntheo, a joint venture between Lend Lease Group and telecommunications and utilities builder and manager Service Stream, had secured the contract for the rollout of the fiber infrastructure in South Australia and the Northern Territory (NT). Syntheo has initially been handed a two-year contract worth around AUD141 million (USD145 million), although this is extendable by a further two years, which would take the value of the agreement to up to AUD341 million. This deal marks Syntheo’s second NBN-related agreement; as previously reported by CommsUpdate, in September 2011 it was selected for the network rollout in Western Australia.