Brief: ACS' CIMIC Wins Contract To Upgrade Fibre Network In Australia

HOCHTIEF AG

12/06/2025 07:05

June 12 (Reuters) - CIMIC Group Limited:

SAID ON WEDNESDAY UGL, PART OF CIMIC GROUP, WON 3.5-YEAR CONTRACT TO UPGRADE FIBRE NETWORK IN QUEENSLAND AND NORTHERN SOUTH WALES, AUSTRALIA

CONTRACT UNDER NBN'S PROGRAM, INCLUDES 2-YEAR EXTENSION OPTION AT NBN'S ELECTION

UGL TO PROVIDE DESIGN, ACCESS AND ENGAGEMENT, CONSTRUCTION AND INSTALLATION SERVICES TO DEPLOY ADDITIONAL FIBRE INFRASTRUCTURE

CONTRACT EXPECTED TO GENERATE REVENUE FOR UGL OF OVER $120 MILLION OVER INITIAL TERM

WORKS TO BEGIN IN JUNE 2025

 Source text: https://tinyurl.com/j23ea7hf
 Further company coverage: ACS.MC

 (Gdansk Newsroom)

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