Visionstream Australia Pty. Ltd. (Visionstream) today entered into a new five year Multi-Technology Integrated Master Agreement (MIMA) with NBN Co Ltd.
Visionstream will construct fibre to the node and fibre to the premises connections across Queensland, New South Wales, Victoria and Tasmania. The value of the first year of Visionstream's contract is expected to exceed AUD$270 million. Additional works are expected to be periodically issued throughout the remaining duration of the contract.
Richard Kelleway, CEO Visionstream said “We are delighted to continue working with NBN on this nation-building project. NBN have developed an extensive new infrastructure installation program and we are excited to be a trusted partner for this multi-technology rollout. This new work builds on our extensive experience across Australia's eastern seaboard since 2011."
Visionstream is Australia's largest Telecommunications Infrastructure Installation, Services, Operations and Maintenance business. Visionstream operates in all states of Australia and in New Zealand. Visionstream is a division of the newly formed 50/50 investment partnership between CIMIC Group Limited and funds managed by affiliates of Apollo Global Management and comprises the former Leighton Contractors & Thiess Services telecommunications businesses.