NBN SIGN-UP with Telstra to Build a Brilliant Connected Future
FREMONT, CA: NBN, the Australia’s Broadband Network solutions provider, enters into a non-binding memorandum of understanding (MOU) agreement with Telstra to finalize a contract covering the design, engineering, procurement and construction management of the NBN network in the hybrid fiber coaxial network (HFC) footprint covered by the existing Telstra HFC network. This contract is expected to be completed early in 2016.
Under the deal, Telstra will manage the work for the 3.6 million premises in the future NBN HFC network that will be serviced by key components of the current Telstra HFC network.
The companies will have a series of transactions worth around $280Mn over the next four years to help fix faults in the copper phone line network and maintain the $56 billion national broadband network.
The MOU agreement includes country’s experts to manage the design and construction and to operate and maintain the company's growing multi-technology mix.
Multi-technology mix is the model that runs fiber optic cables to homes or any other destinations at a lower cost while upgrading it when the demand rises. It leverages the telecommunications networks that have already been built such as the copper telephone lines and the pay-TV cables and upgrades them to deliver fast speeds and to carry even greater amounts of data.
The agreement says that Telstra need to undertake some early works to support the build of the NBN network in the HFC footprint. This will include preparing Telstra NBN exchange locations and HFC planning and design work.