We investigate the Robust Multiperiod Network Design Problem, a generalization of the Capacitated Network Design Problem (CNDP) that, besides establishing flow routing and network capacity installation as in a canonical CNDP, also considers a planning horizon made up of multiple time periods and protection against fluctuations in traffic volumes. As a remedy against traffic volume uncertainty, we propose a Robust Optimization model based on Multiband Robustness (B\"using and D'Andreagiovanni, 2012), a refinement of classical Gamma-Robustness by Bertsimas and Sim that uses a system of multiple deviation bands. Since the resulting optimization problem may prove very challenging even for instances of moderate size solved by a state-of-the-art optimization solver, we propose a hybrid primal heuristic that combines a randomized fixing strategy inspired by ant colony optimization, which exploits information coming from linear relaxations of the problem, and an exact large neighbourhood search. Computational experiments on a set of realistic instances from the SNDlib show that our original heuristic can run fast and produce solutions of extremely high quality associated with low optimality gaps.