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Harvey Norman (ASX:HVN) - CEO, Katie Page - The Market Herald
CEO, Katie Page
Source: The Australian
  • Telco giant Optus has teamed up with ASX-200 listed retailer Harvey Norman (HVN) to launch a one-stop-shop for small and medium businesses
  • Under the partnership, the telco company will set up an Optus Business Hub within one of Harvey Norman's Sydney stores
  • The hub will allow business owners to access all of their telecommunication needs in the one area, by combining products and services
  • Once the initial business hub is up and running, the two companies plan to launch a second and third hub in Queensland
  • Shares in Harvey Norman are trading down a slight 0.65 per cent at $4.56

Optus and Harvey Norman (HVN) have teamed up to launch a one-stop-shop for small and medium businesses in Australia.

The telco giant has announced it will work with the ASX-200 listed retailer to launch a dedicated Optus Business Hub in Harvey Norman stores.

The hub will essentially allow business owners to access all of their telecommunication needs in the one area, by combining Harvey Norman's products with Optus' services.

"Business owners are short on time, want simplicity, value and functionality when selecting telco products and our Optus Business Hubs are designed to offer all of this in one convenient location," Optus SMB Managing Director Libby Roy said.

The telco company said the first Business Hub to launch under the deal will be located at Harvey Norman’s flagship Auburn store in Sydney, NSW.

Hubs will then open up in a number of other Harvey Norman locations, including both the Toowoomba and Bundall stores on the Gold Coast, Queensland.

Optus is also hopeful it'll be able to expand Business Hub Access across Australia, following the initial launch.

Following the partnership news, shares in Harvey Norman have ended the day trading down a slight 0.65 per cent, worth $4.56 each.


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