Transfield signs $170m NBN deal CONSTRUCTION giant Transfield Services has won a contract to roll out fibre optic cable in Sydney as part of the $37.4 billion national broadband network (NBN) project. The contract worth up to $170 million over two years will add to the existing NBN rollout work done by Theiss-Siemens joint venture Silcar in NSW, which includes parts of Sydney. Transfield will roll out cable from so-called fibre access nodes to boxes outside homes, NBN Co chief operations officer Ralph Steffens said today. The work means these homes will be ready to connect to the NBN through their service providers. The federal government-owned NBN Co has been charged with delivering high-speed fibre optic cable to 93 per cent of homes, schools and businesses across Australia by June 2021. Chief executive Mike Quigley announced last week the rollout was behind by three months. The fibre rollout is now expected to pass between 190,000 and 220,000 premises by the end of this financial year, down from an earlier forecast of 341,000.