Transfield Services Awarded NZ$1 Billion Contract
Transfield Services Limited ABN 69 000 484 417 25 June 2009 ASX STATEMENT
Transfield Services Awarded NZ$1 Billion Ten Year Telecommunications Contract
Transfield Services has been awarded a ten-year contract with a value of approximately NZ$1 billion for telecommunications field services with Chorus, the fixed voice and broadband network division of Telecom New Zealand.
Transfield Services will continue to provide network maintenance and sustaining capital works in four of Chorus’ 11 telecommunications field services areas in New Zealand. The Company will assist Chorus install New Zealand’s new high speed broadband network and work to deliver improved service to customers.
Transfield Services Managing Director and Chief Executive Officer, Dr Peter Goode, said today: “This major contract builds on the existing long-term success sharing alliance we have established with Chorus over five years. As a major incumbent, we will hit the ground running.”
The contract’s ten-year term allows Transfield Services to position its New Zealand telecommunications business and dedicate resources for the long-term. Transfield Services has a longstanding commitment to New Zealand, and is a leading provider of power, transport infrastructure and telecommunications services.
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