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Speedcast Secures Contract with NBN Co Australia

February 5, 2018 - Speedcast International Limited has secured a 10-year contract with Australian government-owned infrastructure provider NBN Co Limited to deliver enterprise-grade satellite services. Speedcast's wholly-owned subsidiary and dedicated entity, Speedcast Managed Services, will partner with NBN Co to design, build and manage NBN Co's enterprise satellite services. The value of the base network build and managed services project is AU$107 million and with other demand-driven services the aggregate revenue is expected to be up to AU$184 million in total. This new contract will be a transformational project for Speedcast in Australia. Speedcast will leverage its experience as Australia's largest provider of enterprise-grade satellite services to build and operate, in support of NBN Co, a unique suite of satellite services targeted at enterprise and government customers in Australia. To deliver on its mission, Speedcast will set up a new office with world class specialists in Melbourne to support NBN Co. The services provided by Speedcast will complement NBN Co's consumer satellite service and will serve to increase the availability of enterprise-grade cost-effective communications solutions for Australian businesses.

 
 
 
 
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