Prysmian awarded €223 million contract to supply fibre optic cables for the development of the Australian National Broadband Network (NBN)

Prysmian Cables & Systems, a world leader in the energy and telecommunications cables industry, has been awarded a major contract by the Australian government-owned NBN Co Limited, for the supply of fibre optic cables for the development of the new national broadband network. Total value of the contract, which has been secured by Prysmian Telecom Cables & Systems Australia Pty Limited, is up to €223 million (AUD 300 million) over five years, with an initial purchase order of €112 million (AUD150 million).

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