Ventia Secures $2.1 Billion Contract with NBN Co

Ventia Services Group Limited ( (AU:VNT) ) has provided an announcement.

Ventia Services Group Limited has secured a significant $2.1 billion contract with NBN Co to deliver maintenance and customer activation services across the nbn® network in Queensland, New South Wales, ACT, and Tasmania. This contract, which extends Ventia’s long-standing partnership with NBN Co, aligns with the company’s strategy to enhance service excellence through customer focus, innovation, and sustainability. The new contract, set to commence in September 2025, is expected to bolster Ventia’s position in the telecommunications sector and support NBN Co’s field evolution strategy.

More about Ventia Services Group Limited

Ventia is a leading essential infrastructure services provider in Australia and New Zealand, operating across various industry segments such as defence, social infrastructure, water, electricity and gas, resources, telecommunications, and transport. The company employs over 35,000 people across more than 400 sites and is listed on both the Australian Securities Exchange and New Zealand’s Exchange.

YTD Price Performance: 17.50%

Average Trading Volume: 2,718,308

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$3.62B

For detailed information about VNT stock, go to TipRanks’ Stock Analysis page.