Navigating disruption, creating opportunity
Once considered one of the most stable industries, telecommunicates has experienced significant disruption over the past few years. With intense competition driving consolidation and diversification, providers are adding non-traditional services to their portfolios. But by doing so, companies are taking on additional responsibility, including increased regulations, financial risks, currency exchange fluctuations, data privacy, short supply chains, and limited supplier pools. One of the biggest regulatory challenges for telecommunication companies today is applying the International Financial Reporting Standards, since complying requires many organizations to invest in more capable IT systems to capture and record the necessary data.
Featuring well-informed telecommunications advisors, BDO’s team has the experience and knowledge to help our telecommunications clients stay competitive in their field. Our extensive network helps our professionals stay up-to-date with industry changes, keeping our clients well-informed of potential challenges – and opportunities – on a local and global scale.