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Bank as phone company: Telecom XT wholesaler hooks up with credit union


Deal said to be first of its type.

NBR staff
Mon, 04 Apr 2011

Australasian company Telcoinabox - one of a clutch of companies that resells access Telecom's XT network - has announced a wholesale deal. 

But it's not (yet) the big ISP hook-up the Aussie company has been hinting at.

Rather, Telcoinabox has signed a partnership agreement with financial cooperative New Zealand Credit Union (NZCU) South.

Under the deal, which Telcoinabox bills as a first for a banking institution, NZCU South's 25,000 members will be offered fixed, broadband and mobile phone plans.

Member to member mobile call rates will be as little as 15 cents/minute and 35 cents/minute to non-members.

NBR staff
Mon, 04 Apr 2011
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Bank as phone company: Telecom XT wholesaler hooks up with credit union
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