26 April 2016
ASX Market Announcements Australian Securities Exchange Limited Level 4
20 Bridge Street SYDNEY NSW 2000
RE: VISIONSTREAM AWARDED FIVE YEAR TELSTRA NETWORK INTEGRITY AND FACILITIES MANAGEMENT CONTRACTPlease find attached a copy of a media release to be issued today by Visionstream a division of Ventia; our 50% owned associate.
Sincerely,
Louise Griffiths Company Secretary CIMIC GROUP LIMITED T +61 2 9925 6666
F +61 2 9925 6000 MEDIA RELEASE26 April 2016
Visionstream awarded five year Telstra Network Integrity and Facilities Management Contract
Visionstream, Australia's leading services provider to the telecommunications industry and a division of Ventia, has been awarded a contract with Telstra to supply maintenance and building services to more than 40,000 exchange and network assets across Australia.
The five year Network Integrity and Facilities Management (NIFM) contract is estimated at
$350M. The contract will build on the current 12 year relationship between Telstra and Visionstream, and is a continuing endorsement from Telstra, said Richard Kelleway, CEO Visionstream.
"This contract award reinforces the positive contribution Visionstream has made to Telstra's critical network infrastructure. We are pleased to continue our valued partnership with Telstra through this new agreement," said Kelleway.
The scope of the works includes maintenance of the exchange network, telepower systems and building services such as Fire and HVAC system maintenance across all of Telstra's facilities nation‐wide.
Ends
Visionstream is the Communications division of Ventia. Ventia is an independent services company created in 2015 through the integration of Leighton Contractors Services, Thiess Services and Visionstream. Formed by a 50/50 investment partnership between CIMIC and funds managed by Affiliates of Apollo Global Management.
For further media queries contact Louisa.graham@visionstream.com.au Phone: +61 418 358 327
CIMIC Group Limited issued this content on 26 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 April 2016 03:40:36 UTC
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