Broadspectrum, the Australian subsidiary of Ferrovial Services, recently signed an 8-year contract with telecommunications company Chorus
to design and build a fibre optic network in New Zealand
. Broadspectrum will implement a new ultra-fast network in more than 145,000 buildings in 155 cities, as part of the Ultra Fast Broadband Extension (UFB2) program to extend optical fibre to 423,000 homes in New Zealand by 2024.
Focus on solar energy in Australia
Broadspectrum has also formed a consortium with MPower
(a company specialized in solar energy) to identify new opportunities for designing large solar facilities in Australia. Broadspectrum will be in charge of building the facilities, while MPower will carry out design and engineering.
completed the acquisition of Australian company Broadspectrum in May 2016. This operation contributed about 1,400 million in revenues, 25,000 employees and a pipeline worth over 6,000 million, as well as geographical diversification, market knowledge and expertise in industries such as oil, gas, energy and telecommunications.