Picture of Northeast Bank logo

NBN — Northeast Bank News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedMid CapNeutral

Downer EDI wins NZ$320 mln services contract in Australia

Aug 31 (Reuters) - Infrastructure company Downer EDI Ltd
 DOW.NZ   DOW.AX  said on Monday that it had won a contract
worth NZ$320 million ($215.65 million) to provide maintenance
and restoration services for some networks and power systems in
Australia.
    The contract, from the Australian Government owned-NBN Co
which operates wholesale broadband networks, begins in September
and has a maximum term of eight years, the company said in a
statement.
    Downer will provide services including, network restoration
and maintenance and urgent field service work across Western
Australia, South Australia and the Northern Territory.
    


($1 = 1.4839 New Zealand dollars)

 (Reporting by Yajush Gupta in Bengaluru; Editing by Kim
Coghill)
 ((Yajush.Gupta@thomsonreuters.com;  +91 88024 43398;))

Recent news on Northeast Bank

See all news