When they actually buy the fiber, you know the network is probably going to get built. Today Corning announced that its Australian division has been awarded the contract for that fiber and other gear. The deal could be worth up to AUS$1.2B over the full term, with an initial purchase commitment of AUS$400M. That’s real money, meaning that they’re no longer at the ‘proposed’ stage of this buildout.
NBN Co also chose two other Australian based providers at the same time. Warren & Brown Technologies picked up a 5 year contract worth up to $110M for optical distribution frames and sub-racks, while Prysmian won a 5 year contract of its own for cabling, this time worth $300M.
It was just last month that the Australian government and the incumbent telco, Telstra, finally worked out the outlines of a deal, without which none of this would likely happen. The executives and politicians have been arguing about it for two years now and at times the process seemed to have more questions than answers, but soon it will at last be in the hands of the engineers.
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Categories: Fiber optic cable · Government Regulations
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