ReutersReuters

ACS' CIMIC Wins Contract To Upgrade Fibre Network In Australia

RefinitivLess than 1 min read

CIMIC Group Limited:

  • SAID ON WEDNESDAY UGL, PART OF CIMIC GROUP, WON 3.5-YEAR CONTRACT TO UPGRADE FIBRE NETWORK IN QUEENSLAND AND NORTHERN SOUTH WALES, AUSTRALIA

  • CONTRACT UNDER NBN'S PROGRAM, INCLUDES 2-YEAR EXTENSION OPTION AT NBN'S ELECTION

  • UGL TO PROVIDE DESIGN, ACCESS AND ENGAGEMENT, CONSTRUCTION AND INSTALLATION SERVICES TO DEPLOY ADDITIONAL FIBRE INFRASTRUCTURE

  • CONTRACT EXPECTED TO GENERATE REVENUE FOR UGL OF OVER $120 MILLION OVER INITIAL TERM

  • WORKS TO BEGIN IN JUNE 2025

Source text: https://tinyurl.com/j23ea7hf

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