NBN Awards String of Contracts

MELBOURNE, Australia -- NBN Co today announced contracts worth up to AUD$635 million over the next five years to six companies operating in Australia to provide an array of equipment for installation in homes and businesses as part of an NBN connection.

The six successful companies include two Australian-owned and operated companies: Madison Technologies and Warren & Brown; a partnership between a private Australian company Optimal and US company OFS; and three international companies with a strong local presence (Corning Cable Systems, TE Connectivity, and 3M).

In addition to the local employment generated within these companies from their Australian operations, NBN Co estimates that up to $150 million of the total spend on in-premises equipment will be locally produced.

NBN Co Ltd.