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NBN Co announces contract with Ericsson

Ericsson has signed a $1.1 billion contract to design, build and operate a 4G fixed-wireless network with national broadband network provider NBN Co.

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NBN Co has chosen Ericsson to supply wireless broadband services in remote areas for the national broadband network.

It has announced a $1.1 billion, 10-year contract with Ericsson to design, build and operate a 4G fixed-wireless network for the seven per cent of Australia which will not be served by the fibre-optic network.

The superfast wireless network will cover rural and regional areas by 2015, the company said in a statement on its website.

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SILCAR SIGNS

NBN Co said it had also reached an agreement with Silcar, a joint venture between a Leighton subsidiary and Siemens, on a $380 million project over the next two years for early stages of the fibre-optic network.

That contract has the option of a further two years at an additional price of $740 million.

A second phase of contracts will be awarded in the coming weeks, NBN acting CEO Kevin Brown told reporters in Sydney.


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Source: SBS


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