Kogan.com launches low cost broadband

Company News

by Rachael Jones

Online retailer Kogan.com (ASX:KGN) has added NBN internet services to its mobile business.

The company has extended its partnership with Vodafone Hutchinson Australia into fixed broadband internet with intentions to launch this year.

It hopes to become one of the top four Australian telcos within years.

The CFO David Shafer believes millions of Australians will switch to Kogan from ADSL or those already using NBN.

Shares in Kogan.com (ASX:KGN) closed down yesterday 0.93% to $8.54.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.