UGL, a member of CIMIC Group, has confirmed the acquisition of the telecommunications services of Skybridge.
Skybridge is an Australian installation and maintenance contracting company which specialises in the fibre, wireless and satellite telecommunications markets.
The acquisition includes the transfer of eight customer contracts and Skybridge telecommunications personnel and subcontractor arrangements, as well as equipment, intellectual property, and engineering capabilities.
The integration of the additional capability into UGL’s existing Telecommunications business will allow UGL to continue its strong growth in the telecommunications sector and will strengthen its offering in regional and remote Australia. Specifically, this acquisition will bolster UGL’s national capabilities in high-volume customer installation and assurance works.
UGL Managing Director Doug Moss said: “UGL was born in regional Australia nearly 125-years ago and we’re proud of our contribution towards ensuring our regions are connected. The addition of this new capability and expertise will allow UGL to further strengthen our focus on regional development across Australia and will build on our strong reputation in the telecommunications market.”
UGL General Manager Telecommunications Con Kourtis said: “UGL’s telecommunications offering is significantly strengthened by the addition of the capability and contracts from Skybridge. I’d like to welcome our new team members to UGL and I look forward to continuing our growth in the coming years.”