Downer EDI (ASX:DOW) has been awarded a Field Services contract by Telstra (ASX:TLS) at around $330 million over a maximum term of five years.
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.
Shares in Downer EDI (ASX:DOW)
are trading 2.2 per cent higher at $5.48.