Service Stream has won a new contract Telstra and extended two other contracts with the telco in deals worth up to $135 million.
The new two-year contract, worth around $30 million, is for providing fibre in commercial estates.
Service Stream has also signed a three-year renewal contract with Telstra for asset relocation and commercial works in a contract worth up to $55 million and a two-year extension for the site acquisition, environment and design of mobile infrastructure in a deal worth up to $50 million.
The announcement for Service Stream comes after it recently announced its managing director, Graeme Sumner, would step down from the company by the end of this month.
In 2012 Telstra awarded Service Stream a contract worth up to $420 million for the remediation of the telco’s pit and pipe infrastructure in connection with the NBN.
Service Stream was also previously responsible for servicing 60 per cent of Telstra’s copper, fibre and broadband networks.
The company is actively involved with the roll out of the NBN, receiving several contracts from NBN Co, including an $81 million contract to carry out fibre deployment in New South Wales, South Australia, Western Australia and the Northern Territory.
It has also been awarded a contract to activate NBN equipment in premises over the next two years in Victoria, Western Australia, the Northern Territory and South Australia in a contract worth up to $64 million.