Telstra wins giant NAB telecoms contract

The deal gives TelstraClear all the business of NAB's New Zealand subsidiary Bank of New Zealand.

Analysts said the deal was a feather in Telstra's and TelstraClear's caps and was likely to prompt other corporates to consider telecommunications outsourcing contracts.

The five-year contract covers the transition of telephony employees, assets and third-party contracts, data services and transtasman communications links.

NAB said the contract was expected to reap it $A110 million in savings over the five-year period.

A spokesman for TelstraClear said the company believed the deal was one of the largest corporate telecommunications outsourcing contracts in Australian and New Zealand history.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

WCO - Acquisition of Civic Waste, Convertible Note & SPP
ATM - FY25 revenue guidance and dividend policy
November 22th Morning Report
General Capital Announces Another Profit Record
Infratil Considers Infrastructure Bond Offer
Argosy FY25 Interim Result
Meridian Energy monthly operating report for October 2024
Du Val failure offers fresh lessons, but will they be heeded in the long term?
November 19th Morning Report
ATM - Appointment of new independent NED