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Australia's Telstra wins $1.1 billion defense contract
April 17, 2013 / 11:27 PM / 5 years ago

Australia's Telstra wins $1.1 billion defense contract

CANBERRA (Reuters) - Telecommunications company Telstra (TLS.AX) has secured a A$1.1 billion ($1.1 billion), six-year contract to overhaul communications for Australia’s Defense Department, improving links between terrestrial, satellite and tactical networks.

A woman uses a Telstra public phone in suburban Sydney, August 9, 2012. REUTERS/Daniel Munoz

Telstra said the contract to link the defense department’s civilian and military telecommunications needs into a single high-speed network will create 350 new jobs, with work to be carried out at 430 Defense sites across Australia.

Telstra beat rival telecommunication company Optus, a unit of Singapore Telecommunications (STEL.SI), as well as IT supplier Fujitsu (6702.T) for the contract.

Australia’s Defense Department is planning a series of major technology upgrades for ageing desktop technology as well as data transmission and networks. ($1 = 0.9702 Australian dollars)

Reporting by Rob Taylor; Editing by Richard Pullin

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