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M&A over for Uniti as it storms up the ASX boards
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ACCC extends superfast broadband agreement for further 5 years
ACCC extends superfast broadband agreement for further 5 years
Gives RSPs access to certain fixed-line networks where NBN doesn’t reach.
The Australian Competition and Consumer Commission has extended its Superfast Broadband Access Service (SBAS) declaration until 2026.
The decision will allow retail service providers (RSPs) to access a number of fixed-line broadband networks while maintaining the rights of access they already have to the National Broadband Network (NBN) for a further five years.
According to the ACCC, the decision “promotes competition” in the supply of broadband services.
The SBAS declaration allows retailers to interconnect with, and obtain a carriage service over, fixed-line ‘superfast’ networks that are normally capable of download speeds of 25 Mbps or more.
Telstra caught in China row
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NBN Co dishes out $1.1B in fibre upgrade contracts
Making up over a third of its $2.9 billion investment into upgrading node connection technology. Credit: NBN Co
NBN Co has handed out $1.1 billion over four contracts for the upgrading of fibre-to-the-node connections to fibre-to-the-premises for homes and businesses.
Consisting of over a third of the National Broadband Network (NBN) builder’s $2.9 billion investment into upgrading node connection technology, NBN Co awarded contracts to Lendlease Services and Fulton Hogan Utilities, in addition to the previously announced contracts for Ventia and Downer Group.
Lendlease’s contract will see it upgrade connections across Queensland, NSW, Victoria and the ACT, while Fulton will focus on Western Australia and South Australia.
Downer secures more than $220M in NBN fibre build contracts
Downer secures more than $220M in NBN fibre build contracts
Downer will design and provide construction services across NSW and Western Australia. Credit: Dreamstime
Downer EDI has secured two further contracts with NBN Co the N2P Evolution and National Broadband Network (NBN) fixed wireless services contracts.
The N2P evolution contract, valued at $160 million, commences this month with the initial term lasting to December 2023, and comes with an extension option for a further two years.
Specifically, Downer will design and provide construction services across NSW and Western Australia to support NBN Co’s fibre plans. It is estimated this involves about 8 million premises on the fixed line network by 2023.
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