Downer awarded new Telstra contract
Page 1 of 1
Media/ASX and NZX Release
20 January 2021
DOWNER AWARDED NEW TELSTRA CONTRACT
Downer EDI Limited (Downer) announced today it had been awarded a Field Services contract by Telstra
Corporation Limited (Telstra) valued at an estimated $330 million over a maximum term of five years.
The contract begins in January 2021 with an initial four-year term, with one extension option of up to one
year.
Under the contract, Downer will provide services including network asset relocations, wideband business
services, facilities design and construction activities including Telepower and building upgrades; and a
continuation of the 5G mobile rollout. These activities will be delivered across New South Wales, Victoria,
Tasmania, South Australia and the Northern Territory.
Downer is a leading provider of fixed and wireless network services in Australia and New Zealand and one of
the largest constructors of telecommunications carrier networks.
The Chief Executive Officer of Downer, Grant Fenn, said Downer was very pleased to be extending its
relationship with Telstra.
“Downer has been working closely with Telstra for over a decade and we have earned a reputation as a high
quality contractor trusted for our delivery excellence,” Mr Fenn said.
“Downer is proud of our involvement in the Field Optimisation initiative assisting Telstra as it simplifies its
business. We look forward to continuing our partnership with Telstra and transitioning into the new Field
Services contract.”
Authorised for release by Downer’s Chief Executive Officer, Grant Fenn.
About Downer
Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the
heart of everything it does. It exists to create and sustain the modern environment and its promise is to work
closely with its customers to help them succeed, using world-leading insights and solutions to design, build
and sustain assets, infrastructure and facilities. For more information visit downergroup.com.
For further information please contact:
Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145
Downer EDI Limited
ABN 97 003 872 848
Triniti Business Campus
39 Delhi Road
North Ryde NSW 2113
1800 DOWNER
www.downergroup.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.