By Ry Crozier on Jul 22, 2021 8:28AM
Will offer discounted NBN and broadband to customers.
CBA is making a surprise play in the Australia broadband market, taking stakes in More Telecom and Tangerine and using its banking app to try to persuade customers to switch their provider.
The bank said on Thursday it had entered a “new strategic partnership” with sister companies More Telecom and Tangerine, and acquired “a 25 percent ownership stake in both.
It will use the partnership to “offer discounted NBN and broadband services” to banking customers, mostly by recommending a provider switch through the CommBank app.
“The average monthly cost of internet in Australia is one of the most expensive in the world, and we are uniquely positioned to help customers manage these costs,” CBA’s group executive for retail banking services Angus Sullivan said.
CBA cracks into telco with 25% stake in More Telecom and Tangerine Telecom
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NBN resellers More Telecom, Tangerine Telecom secure investments from Commonwealth Bank
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Local News
Mid-Missouri fisherman reels in white blue catfish
A Mokane man recently caught a rare white blue catfish on the Missouri River.Robert Lee used a rod and reel to pull in the 32-pound fish, which had white coloring due to leucism.
by Jonathan Jain, [email protected]
Jul. 20 2021 @ 11:05pm
Courtesy of Missouri Department of ConservationRobert Lee, of Mokane, caught a 32-pound blue catfish that had white coloring due to leucism on the Missouri River.
A Mokane man recently caught a rare white blue catfish on the Missouri River.
Robert Lee used a rod and reel to pull in the 32-pound fish, which had white coloring due to leucism.