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The telcoms sector has undergone rapid growth over the last decade and now a period of consolidation. The sector infrastructure means that in many areas competition is limited and there is an important regulatory role to ensure that behaviour by firms in terms of prices, services and products meets society's expectations. GoodCorporation's work in the telecoms sector helps our clients to measure responsible business behaviour and to put in place commercially sensible policies and practices that meet the regulator's expectations and the expectations of customers.
In telecoms, the pricing challenges are significant. Our assessments have found significant challenges in developing pricing policies and systems that deliver clarity and fairness for the customer. Where tariffs are not clear or not understood, it is clear that reputation can be damaged. Our assessments typically include a mystery customer exercise so that we can properly understand the customer purchasing and interaction experiences.
Much of the growth and opportunity for telecoms companies exists in emerging markets. In some of these markets there are significant challenges of interfacing with governments in a fair and responsible way. In these markets there are also challenges in terms of employee practices, quality and reliability of suppliers and partners, as well as challenges in terms of CSR and community relations. Our assessments have helped our clients operating in these environments to carefully measure and assess how well business practices work and help our clients put in place corrective actions where they are needed.
