Bill Express jitters re Optus
The trading halt announced by Bill Express this morning has newsagents nervous. The rumor is that they are set to announce the loss of Optus mobile phone recharge off their Dialtime platform. I put this to Bill Express management last week and they denied the rumor. 3,500 newsagents are waiting to discover the next chapter in the Bill Express story.
Update (14:00) since posting the above I’ve received calls from three newsagents and two suppliers saying that Optus has pulled out of its supply agreement with Dialtime / Bill Express.
Update (15:00) Optus/PPS has faxed newsagents advising that Optus has stopped supplying recharge product through Dialtime / Bill Express.
Update (16:00) Bill Express has emailed its merchants advising that they do not accept the action by Optus/PPS.
Update (18:00) The ANF has advised newsagents to hold tight until Friday.
In the meantime we’re getting newsagents signing up for eziPass – with 300 products ready to go it’s a viable alternative.