NBN Co announces $635 million in contracts
The National Broadband Network Co (NBN Co) has announced $635 million in contracts to be delivered over the next five years by six separate companies.
The six successful companies include two Australian-owned and operated companies: Madison Technologies and Warren & Brown; a partnership between a private Australian company Optimal and US company OFS; and three international companies with a strong local presence (Corning Cable Systems, TE Connectivity, and 3M).
NBN Co announced it estimates that up to $150 million of the total spend on in-premises equipment will be locally produced.
“We have worked to domestically source as much equipment for the NBN as possible. However, we needed to balance costs against the preference for Australian-made to arrive at a cost-effective result,” NBN CEO Mike Quigley said.
The types of components supplied include internal fibre distribution hubs for apartment blocks and offices, internal cables, wall outlets, patch leads, and devices that will house the connection of the fibre from the street to the outside of premises. These components will be used by NBN Co and its contractors for free standard installations when residents and business owners order a service from their Retail Service Provider.