Bendigo and Adelaide Bank Secures Five-Year Partnership With Telstra
MT Newswires Live
Mar 12
Bendigo and Adelaide Bank (ASX:BEN) secured a five-year partnership with Telstra (ASX:TLS) to supply telecommunications to the bank's business and national retail network, the bank said in a statement on Thursday.
The partnership will see the bank offer a single software-based approach to managing its network, Bendigo Bank Chief Technology Officer Kieran O'Meara said.
The transition to Telstra is expected to be completed in the coming months, per the statement.
Bendigo and Adelaide Bank's shares fell nearly 2% in afternoon trade Thursday.
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