Telstra seals $1billion deal with Commonwealth Bank

Peter Dinham
Wednesday, 22 April 2009 04:45

Business IT - Technology

Telstra’s group managing director, enterprise & government, David Thodey, welcomed the partnership with the Commonwealth and said the telco looked forward to leveraging its “world-class” Telstra Next IP and Next G networks to help the bank achieve its transaction and customer service objectives.

Thodey said Telstra would begin transitioning management of network services from incumbent Gen-i from today, with Gen-i continuing to work on a range of network services and remaining a strategic support to the Group.

“The Commonwealth Bank is embarking on a significant transformation project and we are delighted to be a key partner. Through Telstra’s own transformation we have invested in world class networks and services and alliances with leading partners. We look forward to bringing these advances to the partnership to offer real benefits to the Group, its customers and staff.”