News (10)

  • CommBank sells stake in telecomms outsourcer

    The Telecom New Zealand Group has bought back the Commonwealth Bank of Australia's (CBA) 5 percent equity stake in its Australian subsidiary, TCNZ Australia (TCNZA), as the Kiwi group's five-year, AU$500 million telecommunications outsourcing deal with the CBA draws to a close.

  • Tech-wreck recovery not over: Commonwealth Bank CEO

    The world economy has not yet recovered from the damage inflicted by the dot-com collapse, according to claims made by Commonwealth Bank chief executive David Murray today.

  • Commbank exits EDS Australia holding

    The Commonwealth Bank of Australia is selling its 35 percent stake in Electronic Data Systems' (EDS) Australian operation back to its outsourcing partner.

  • Cashing in on ASPs

    Banks are beginning to cash in on the application service provider (ASP) model. What would drive a buttoned-down banker to even consider this new and relatively untested way of doing business?

  • Volante names advisors on Commander bid

    Australian ICT infrastructure and services specialist Volante has retained Macquarie Bank and Deacons to help it assess a hostile AU$129.7 million takeover offer from telecommunications player Commander Communications.

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Features and Case Studies (1)

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