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Optus and Harvey Norman (ASX:HVN) set up one-stop-shop for small business

ASX 200
ASX:HVN      MCAP $5.482B
27 October 2020 17:30 (AEST)

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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