It has been finally confirmed by the Australian company that was installing fibre optic cable for ultrafast broadband in Christchurch that no more work would be allotted to the eight sub-contracting companies anymore.
Transfield has hired a number of sub-contractors for work like digging ditches and also for laying cables. The work was going well, but due to payment issues, the work was halted.
Nicholas Yates, Chief Executive of Transfield Services Infrastructure, has opened up on the topic. He has apologized for the halt in work that has taken place due to outstanding payments.
Transfield Services, a leading global provider of operation, maintenance and asset and project management services, has secured a 10-year contract worth $NZ1 billion
($804 million) from Chorus, the fixed voice and broadband network division of Telecom New Zealand.
Under the arrangement, Transfield would provide network maintenance and sustaining capital works to Chorus, Telecom New Zealand's fixed voice and broadband network division, in four of its 11 telecommunications field services areas in New Zealand.
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