Carillion JV extends Openreach framework agreement
These include the maintenance, extension and repair of the telephone and data network in the North East, Midlands & Wales, South West and London & North Home Counties of England.
The extension also includes the delivery of asset assurance works, notably poling and related activities, for England and Wales, and the initial three-year period runs until the end of 2021.
Carillion said the extension builds on an eight-year partnership between Openreach and Carillion telent, during which the JV has been Openreach's main delivery partner for the management, maintenance and upgrading of its broadband network.
The framework is expected to generate up to £900m of revenue over three years - with Carillion's share at over £500m - and up to £1.5bn over five years, as the agreement provides for a two-year extension, subject to performance. ■