Service Stream (ASX:SSM) has secured an amendment to its existing agreement with NBN that will continue NBN's upgrade of the remaining Fibre to the Node (FTTN) footprint, according to a Friday Australian bourse filing.
The agreement is expected to deliver approximately AU$360 million in revenue over the about 3.5-year project duration in the Australian Capital Territory (ACT), the filing added.
The company will provide specialist design and construction services under the agreement to support eligible premises with progressive access to nbn Fibre to the Premises (FTTP) technology across the ACT.
The company's shares fell 2% in recent Friday trade.
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