Telstra Warns Network Upgrade Funds Being Eaten Up By Compliance Costs - Cybernoz - Cybersecurity News

Telecom at a crossroads: Monetizing data, fighting fraud and scaling for the future (Reader Forum)

Rising fraud rates, encrypted traffic and infrastructure costs are compounding the pressure for telcos The telecom industry is being squeezed from all sides. Data traffic is exploding, fueled by 5G, streaming and IoT — pushing networks to their limits. At the same time, growing regulatory scrutiny is limiting flexibility and increasing compliance costs, forcing telecom […]

Telstra Warns Network Upgrade Funds Being Eaten Up By Compliance Costs - Cybernoz - Cybersecurity News

Telstra has warned escalating compliance costs are eating into funds better spent on network upgrades. The telco cites two recent regulations – the customer communication for outages industry standard and the scams prevention framework laws – for passing at least $266 million in costs onto the telco sector over the next decade. “There are expected to be benefits for Australian telecommunications consumers from these new regulations,” Telstra sa…

Telstra warns network upgrade funds being eaten up by compliance costs

Battles regulatory and policy myopia.