1、Top 10 risks in telecommunications Evolving sector considerations for 2024An industry navigating a complex and shifting risk landscapeIn any business today,a deep understanding of risk is no longer the preserve of the Chief Risk Officer,Chief Financial Officer or even Head of Internal Audit.The dyna
2、mic nature and pervasive impact of all types of risk means that having a clear focus is imperative for executives across all functions.Put simply,risk is everyones business.And this is especially true in the telecommunications industry,given its unique positioning at the nexus of technological chang
3、e,geopolitical strains,economic shifts and societal development.Through their individual and collective impacts,these factors are giving rise to a diverse range of risks affecting every aspect of a telcos business.And given the pace and scale of change,these risks are constantly shifting both in nat
4、ure and impact.In this report,we draw out and analyze the top 10 risks that we believe are facing telcos globally in 2024 and pinpoint three key actions that leaders can take to mitigate them.Macroeconomic headwinds,ranging from the cost-of-living crisis to ongoing supply chain disruption,present a
5、continued threat to telecoms companies financial resilience and stability.Vulnerable customers are also a growing area of focus among regulators,who are doubling down on digital safety as they begin to consider the ethical implications of AI.Enterprise transformation initiatives are expanding in sco
6、pe and ambition.Sustainability is now a major consideration at board level as diversity and inclusiveness(D&I)initiatives and hybrid working modes continue transforming ways of working.Furthermore,infrastructure carve-outs and consolidation are reshaping telecommunications market structures.New tech