Ventia signs five-year strategic agreement with Telstra

Ventia Services Group Ltd
ABN 53 603 253 541

Level 8, 80 Pacific Highway
North Sydney NSW 2060
AUSTRALIA

ventia.com
ASX and NZX Release


20 December 2024

Ventia and Telstra sign five-year strategic agreement
to support critical digital infrastructure
Ventia (ASX:VNT) and Telstra (ASX:TLS) have today announced a major expansion of their long-
standing partnership with a five-year agreement to optimise the delivery of design, construct and
maintenance of Telstra’s critical digital infrastructure.

For Ventia, the strategic partnership is expected to generate over $400 million in annual revenue over
the next five years and reflects Ventia's strong customer focus and its strategy to redefine service
excellence.

The agreement covers nationwide lifecycle management and fixed network services for Telstra’s
digital infrastructure facilities. The partnership will also cover the design and large-scale construction
of asset relocation and commercial works, as well as continuation of some services related to network
design & construction, including Wideband, optical fibre, data, IP networks and Wireless.

Ventia’s Group Chief Executive Officer and Managing Director, Dean Banks said: “We are proud to
have been a trusted partner to Telstra for nearly 30 years and we are excited to expand our
partnership to support their strategic goals.”

Telstra InfraCo Chief Executive Officer, Brendon Riley said: “We are delighted to continue our valued
partnership with Ventia, leveraging their extensive experience and knowledge in infrastructure
construction and maintenance to help drive further operational efficiencies across our extensive fixed
network site portfolio.”

With the expiry of the existing contracts in late December, works under the new contract are expected
to commence in early 2025.
This announcement has been authorised for release by the Ventia Board.
-Ends-

Ventia Services Group Ltd
ABN 53 603 253 541

Level 8, 80 Pacific Highway
North Sydney NSW 2060
AUSTRALIA

ventia.com
ASX and NZX Release


For further information, please contact:



Investors Media
Erin Walker Jocelyn Harvey
Investor Relations Manager General Manager Marketing and Communications
erin.walker@ventia.com jocelyn.harvey@ventia.com
+61 416 366 703 +61 439 132 096
About Ventia
Ventia is a leading essential infrastructure services provider in Australia and New Zealand, proudly providing the services that
keep infrastructure working for our communities. Ventia has access to a combined workforce of more than 35,000 people,
operating in over 400 sites across Australia and New Zealand. With a strategy to redefine service excellence by being
customer-focused, innovative and sustainable, Ventia operates across a broad range of industry segments, including
defence, social infrastructure, water, electricity and gas, resources, telecommunications and transport. We are an Australian
Securities Exchange (ASX) top 200 company, with a secondary listing on New Zealand’s Exchange (NZX).