ABB 0.32% $3.09 aussie broadband limited

Ann: Share Purchase Plan Offer Booklet, page-31

  1. 234 Posts.
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    I am pretty sure Phil has already covered this.
    https://www.itnews.com.au/news/aussie-broadband-says-some-customers-are-switching-providers-to-get-high-speed-nbn-discounts-563411

    People are simply chasing discounts that cannot be offered to existing customers. ABB also offered these same discounts during the same period of time. I believe some RSPs have continued some of the discounts for a period of time but based on costs, they are likely losing money.

    ABB has always had a referral program in place, this is not new. The amount suggests they might have signed up to a business plan unless there is a promotion or change to the $ value for residential services.
    Last edited by MooChoo: 16/09/21
 
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