Commonwealth Bank of Australia (CBA) has today announced it will offer discounted NBN and broadband services to its customers via a new strategic partnership with More Telecom and Tangerine, two sister Australian telecommunication service providers.
CBA’s Group Executive for Retail Banking Services, Angus Sullivan said: “We’re looking at how we can help save customers money with their everyday bills and commitments and our decision to partner with More Telecom and Tangerine highlights how we’re continuing to reward our customers.
“As the country’s biggest supporter of getting Aussies into homes, we are reimagining banking for our customers, creating more value for them, putting more money back in their pockets, and helping them save money by exposing them to new ways of doing things and new quality products and services.”
As part of the new partnership with More Telecom and Tangerine, CBA will acquire a 25 per cent ownership stake in both companies.