Australian telecom firms fined $22.1 mln for inaccurate internet speed claims - Reuters

2 years ago 42

Nov 11 (Reuters) - Three Australian telecom firms person been ordered by a tribunal to wage a corporate A$33.5 cardinal ($22.08 million) for making misleading claims astir net speed, the country's contention regulator said connected Friday.

Telstra (TLS.AX), TPG Telecom (TPG.AX) and Optus, a portion of Singapore Telecommunications (STEL.SI) were among the telecom firms fined.

($1 = 1.5175 Australian dollars)

Reporting by Harshita Swaminathan

Our Standards: The Thomson Reuters Trust Principles.

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