Posted in | News | Optical Communications | Fibre Optics

Quanta Services to Install Fiber-Optic Network in Pennsylvania

Editorial Checklist

Reviewed

Jan 12 2011

Two subsidiaries of Quanta Services have won a $118.5 million fiber-optic contract from a group of research, educational, health care and other organizations.

Under the terms of the agreement, the company’s subsidiaries will handle the installation and design of a statewide optical network in Pennsylvania.

The group of economic-development firms, health care and research organizations, universities and colleges is known as the Keystone Initiative for Network Based Education and Research. The nonprofit group secured around $99.6 million as federal grant for the fiber optic project through the 2009 Stimulus Act.

Sunesys, Quanta;s subsidiary, will invest around $24 million for the infrastructure of the optical network project through a two-year period. Quanta will acquire specific rights associated with right-of-way access on the fiber network.

Source:

http://www.quantaservices.com/

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