TE Connectivity Awarded $400 Million Network Connectivity Contract

TE Connectivity TEL today announced that it has been selected as a supplier of network connectivity products for the Australian government's National Broadband Network (NBN) program that will bring high-speed broadband services to the country. NBN Co awarded a five-year, $400 million contract to TE Connectivity with an initial purchase commitment of $100 million. This contract award follows TE Connectivity's and ADC's supply to date of more than $4 million of passive optical equipment into NBN Co's First Release sites, which are currently well under construction. TE Connectivity acquired ADC in December, 2010.