Telstra has secured two contracts from the National Broadband Network, with combined first year revenue of around $80 million.
In addition, the telecommunications giant said on Monday that it is also negotiating a major contract with NBN to cover design, engineering, procurement and construction management of the network, with the agreement likely to be finalised in early 2016.
The new contracts, announced on Monday, include a three-year agreement to fix faults on the copper network and undertake a small number of new connections for services that are yet to transfer to the NBN.
Telstra will function as one of the network operations and maintenance services providers to NBN under a separate four-year contract.
The work will involve fixing faults and connecting new services on the NBN for the fibre-to-the-node(FTTN), fibre-to-the-premises (FTTP), fibre-to-the-basement (FTTB) and hybrid fibre-coaxial (HFC) technologies once a customer has migrated to the NBN.
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