3M Retro-Fits Australia's NBN

AUSTIN, Texas -- 3M was recently awarded a multi-year contract to provide retro-fit cable pathways in support of Australia’s National Broadband Network (NBN). This national initiative will provide a new, wholesale-only, open access high-speed broadband network to all Australia residents. NBN estimates the contract to be worth $20 million over five years.

The Australian government established NBN Co. Limited to design, build and operate the NBN. The company recently announced contracts with six companies, including 3M Australia, to provide equipment for installation in homes and businesses.

“The One Pass Fiber Pathway and One Pass Mini Fiber Pathway from 3M are horizontal cable pathway and drop cable solutions installed simultaneously on the surfaces of hallways and living units of older buildings where cable pathways are too congested or simply don’t exist. They provide a quick and easy service installation that is minimally disruptive and aesthetically appealing to consumers,” said Linnea Wilkes, business development manager, 3M Communication Markets Division. “The One Pass products were selected because they can save service providers money and increase revenues while offering building owners a fast and easy way to provide their tenants upgraded services like high-speed broadband.”

3M Co. (NYSE: MMM)