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BRIEF-Telstra Corp says co and NBN sings MOU

Published 21/12/2015, 08:50 am
© Reuters.  BRIEF-Telstra Corp says co and NBN sings MOU
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Dec 20 (Reuters) - Telstra Corporation Ltd TLS.AX :

* Telstra and nbn announce additional agreements TLS.AX

* Telstra and nbn have announced they have signed a (mou) to negotiate a significant contract for Telstra to support the nbn network build

* Says contract is expected to be completed early in 2016

* Says under the mou, Telstra and nbn will negotiate to finalise a contract of the nbn network in the hfc footprint

* Also includes an agreement for Telstra to undertake some early works to support build of the nbn network in hfc footprint

* Also been awarded work under two new contracts as one of the network operations and maintenance services providers to nbn

* These two contracts have an estimated combined first year revenue of approximately $80M subject to the volume of work

* Says both contracts have the option for nbn to extend

* Source text for Eikon ID:nASX1d3RFc

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