Ventia has announced a new contract with NBN, worth approximately $800 million, for fibre upgrade works.
The contract, awarded to Ventia's subsidiary Visionstream Australia, is part of NBN's program to upgrade the remaining Fibre to the Node (FTTN) network in Australia.
Under the agreement, Ventia will deploy additional fibre infrastructure to enable around 175,000 premises to transition from FTTN to Fibre to the Premises (FTTP) technology.
The work will be carried out in Queensland, New South Wales, Victoria, Western Australia, and Tasmania.
The contract has a duration of 3.5 years, with a 2-year extension option.
The contracted works are set to commence in mid-June 2025.
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