The ASX-listed Spirit (ST1) says the deal brings to $2.8 million state government contracts it has won to build super-fast networks in regional Victoria.
Spirit has been awarded $1.1 million in this latest deal to complete the project which it says will enable the rural community and businesses in Morwell — with a population of more than 13,000 — to have the same access to Internet services as metropolitan, inter-state and international counterparts.
The contract was awarded after completion of a tender process.
Spirit says the transmission will be via the air and will cover a 10-kilometre radius from each tower throughout Morwell, and in future, the network “may be capable of providing services to businesses outside Morwell in locations such as Traralgon and Moe”.
In October last year, Spirit was awarded a $1.7 million deal to provide super-fast Internet with speeds that the company claimed far exceed the NBN to the regional city of Horsham.
“Spirit looks forward to continuing its growth into regional towns and is continuing to work with the Victorian Government to explore future opportunities to power more of the State’s regional businesses and residents with its super-fast Internet,” the company said in a statement on Monday.
Spirit managing director Geoff Neate said the deal with the Victorian Government was a “testament to Spirit’s strong offering in the market and its ability to deliver on what they’ve promised”.
“We believe our offering is market leading and will put to bed the mindset that 5G technology is purely a mobile play. We will deploy a super-fast Internet ring around Morwell using the latest technology via a partnership with the state government.
“The project will reinforce Spirit as a leader of high-speed Internet in the telco industry. It also fulfils the demands of businesses and consumers for a fast, reliable broadband service that delivers on what it promises. This is what we hang our hat on and are looking forward to strengthening the Morwell community’s access to super-fast Internet.”