DEE Why company Prysmian has been awarded a contract of up to $300 million to supply fibre-optic cables for the National Broadband Network.
The new $43 billion network will provide internet speeds 100 times faster than those currently used by most households and businesses and its wireless and satellite technology will be able to deliver 12 megabits per second or more to people living in remote parts of rural Australia.
However, the contract has been awarded in an overwhelmingly Liberal Party-voting area, where the Federal Opposition has been strongly opposed to the construction of the new network.
Warringah MP and Federal Opposition leader Tony Abbott has opposed the network from the outset and on Tuesday told a press conference the Federal Government cannot afford it in the wake of the Queensland floods.
“The National Broadband Network is a luxury that Australia cannot now afford,” he said.
“The one thing you don’t do is redo your bathroom when your roof has just been blown off.”
The network will provide a high-speed internet network for Australia, in line with the leading international standards such as networks in Korea and Japan.
According to the Federal Government, every person and business in Australia, no matter their location, will have access to affordable, fast broadband at their fingertips.
For the Dee Why company, the five-year contract will mean job certainty for about 125 existing staff, with up to 50 extra jobs to be created, in areas including transport, logistics and training.
Prysmian was the leading supplier of ribbon cable to the Verizon FiOS project in the US, a project of similar scale to the NBN.
Source http://manly-daily.whereilive.com.au/news/story/nbn-deal-is-worth-300m-to-dy-company/
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