Australia's Vonex rises on partnership with CBA's telecoms partner

Vonex

10/06/2022 02:09

** Shares of telecom company Vonex  VN8.AX  climb as much as
10.8% to A$0.077, set to mark their best day since Jan 5, if
gains hold  
    ** Co signs a binding Heads of Agreement with
telecommunications service provider More, the telecoms partner
of Commonwealth Bank of Australia  urn:newsml:reuters.com:*:nFWN2XW0XR
    ** Says deal to become More's exclusive provider of Hosted
PBX services to new and existing CBA customers, to deliver a new
hosted PBX and IP telephony enablement platform 
    ** Stock down 36.8% YTD, as of last close 
    


 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))