Ventia secures $2.1 bn Field Module contract with NBN Co

GENERAL
Fri, Feb 28 2025 12:39 pm

Ventia secures $2.1 billion Field Module contract with NBN Co

Ventia (ASX:VNT) has been awarded a new contract with NBN Co valued at approximately $2.1 billion over five years, with the option to extend 2 + 1 years at nbn’s discretion. The contract, awarded to Ventia’s subsidiary, Visionstream Australia Pty Limited, builds on Ventia's long-standing partnership with NBN Co and aligns with Ventia’s strategy to redefine service excellence through customer focus, innovation and sustainability.

Under the new Field Module contract, Ventia will deliver maintenance and customer activation services across the nbn® network in all of Queensland, New South Wales, ACT and Tasmania. The scope encompasses network assurance, service assurance, customer connections, service activation and other associated programs across all nbn Fixed Line technologies, including aerial infrastructure.

Ventia has been a strategic partner to NBN Co since 2010, delivering end-to-end services, including design, construction, on-demand deployment, field services, and network operations and assurance.

Ventia’s Group Chief Executive Officer and Managing Director, Dean Banks said: “We are proud to have been a trusted long-term partner to NBN Co and are excited to further extend our relationship and support nbn's field evolution strategy.”
The new contract will officially commence from September 2025.


This announcement has been authorised for release by the Disclosure Committee.


Announcement PDF


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