Transfield Services awarded NZ$202m telco contract

Transfield Services today announced that it has been awarded a NZ$202 million contract in New Zealand to provide telecommunications services to UltraFast Fibre Limited (UFL) – a subsidiary of WEL Networks.

The 10 year contract is scheduled to commence in July 2011.

As part of the contract, Transfield Services will assist in the design, rollout and maintenance of the fibre optic network to more than 430,000 residents of communities in the Waikato, Bay of Plenty and Taranaki regions in the North Island.

The work forms part of the New Zealand Government’s commitment to invest NZ$1.5 billion by 2019 to rollout the Ultra Fast Broadband (UFB) network to 75 per cent of the population.

“This award further recognises the expertise of our regional telecommunications business, and builds on the strong pipeline of work we already have in this sector,” said Transfield Services Managing Director and CEO, Peter Goode.

Earlier this month the company announced a NZ$260 million ten year contract to assist Enable Networks in rolling out fibre optic Ultra Fast Broadband to the Christchurch region in the South Island.

Transfield Services’ New Zealand telecommunications business develops, operates and maintains networks for blue chip clients, including Chorus, Transpower, Meridian Energy and the Department of Conservation.

Editors note: As New Zealand's sixth largest electricity distribution company, WEL Networks is 100 percent owned by a community trust, with a turnover of $96 million and assets in excess of $426 million.

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Transfield Services employs over 19,000 people across 18 industries and 10 countries. We are a global provider of operations, maintenance and construction services to the Resources, Energy, Industrial, Infrastructure, Property and Defence sectors.
We deliver asset management services across all phases of the asset lifecycle, from concept and creation, to services that sustain, optimise and enhance our Client’s assets. With diverse global experience and expertise, we share our knowledge and challenge thinking to develop and implement innovative solutions that deliver real value for our Clients. Our unique approach enables us to deliver continuous improvements in asset performance and sustain long term relationships with our Clients and partners.