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Once perceived as one of the most steadfast industries, telecommunications have undergone significant shifts in recent years. Cybersecurity risks, the Internet of Things (IoT), Data protection, access to financing and diversification of service offerings are just a few of the areas that are creating new challenges and opportunities.

In the face of intense competition that drives consolidation and diversification, providers are adding alternative services to their portfolios. However, by doing so, companies take on additional responsibility for increased regulation, financial risks, currency exchange fluctuations, data confidentiality, short supply chains and limited range of suppliers.

One of the biggest regulatory challenges for telecoms today is the application of International Financial Reporting Standards, as compliance requires many organisations to invest in more capable IT systems for data collection and recording.

Our global BDO team, composed of well-informed telecoms advisors across more than 160 countries, possesses practical experience and expertise to help our clients remain competitive in their industry. Our global network helps our experts stay informed about industry shifts, ensuring our clients are well-informed about potential challenges and opportunities at both local and global levels.

Learn more about our capabilities and how we can assist your company in the Services section.