Kalkine: Ventia (ASX:VNT) Secures $800M Fibre Network Upgrade Contract in Major ASX300 Infrastructure Push

June 11, 2025 03:55 PM AEST | By Team Kalkine Media

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Kalkine: Ventia (ASX:VNT) Secures $800M Fibre Network Upgrade Contract in Major ASX300 Infrastructure Push — Image source: Shutterstock

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Highlights

Ventia wins $800M network upgrade deal with NBN Co

Transition to fibre-to-the-premises for 175,000 premises

Supports broader ASX300 infrastructure and connectivity uplift

Ventia Services Group Ltd (ASX:VNT), an established name in infrastructure services and an ASX300 stock, has secured a significant $800 million contract with NBN Co to enhance Australia’s digital backbone. The agreement involves upgrading Fibre to the Node (FTTN) infrastructure to Fibre to the Premises (FTTP), ensuring faster and more reliable internet for thousands of homes and businesses across five states.

The contract, which spans approximately 3.5 years and is administered by Ventia’s subsidiary Visionstream Australia Pty Limited, will focus on improving internet access in Queensland, New South Wales, Victoria, Western Australia, and Tasmania. This large-scale upgrade is set to impact around 175,000 premises, modernising the final leg of NBN’s legacy copper-based network.

Additionally, NBN Co has the discretion to extend the contract by another two years, potentially enlarging the scope and longevity of this strategic collaboration.

Dean Banks, Ventia’s Group CEO and Managing Director, emphasised the significance of this partnership, noting its role in strengthening national connectivity, particularly in regional and underserved areas. He highlighted Ventia’s national reach, technical expertise, and innovation-driven approach as core enablers in managing this complex infrastructure rollout.

This latest development not only reinforces Ventia’s standing in Australia's telecommunications infrastructure landscape but also underscores its role within the larger framework of the ASX300. Such projects serve to enhance the visibility of companies that contribute to national development while offering potential interest to investors exploring ASX dividend stocks.

The contract award also aligns with the growing focus on digital infrastructure as a cornerstone for future economic resilience and productivity. As the demand for faster, more stable internet grows, particularly in remote and regional settings, companies like Ventia (ASX:VNT) are positioned to play pivotal roles in delivering on national connectivity goals.

Through this partnership, NBN Co continues to evolve its technology footprint, while Ventia leverages its operational scale and field experience to drive sustainable, customer-focused outcomes—marking a meaningful step forward in Australia’s digital infrastructure journey.

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