Cost and complexity leaves the telco sector on hold
Australia should cut bureaucracy and open a mobile spectrum to meet the needs of the AI Revolution, the largest Telco president of the country.
Telstra boss Vick Brady, in his statement to the National Press Club in Canberra, will be necessary to build digital infrastructure.
However, he said on Wednesday that the telecommunications sector has been blocked by more than 500 legislation and regulations.
Supporting Treasurer Jim Chalmers’ forcing unnecessary bureaucracy and lifting productivity, Ms. Brady called on the government to interrupt the clutter and to develop a national digital infrastructure plan.
Telcos helped to direct the internet explosion by putting big bets on the capital intensive infrastructure with the expectation that it would provide strong financial returns.
This included helicopters flying on the continent to build 3G towers on the continent and ferry the materials and personnel to make the mobile internet connection possible.
However, the industry entered the next stage of the infrastructure structure, such as connecting the distant cities of Australia to a fiber cable network, making it difficult to finance new projects.
To provide 1000km fiber between Sydney, Canberra and Melbourne, Telstra had to meet more than 6000 regulatory requirements, including land access activity notifications, construction certificates and cultural heritage and environmental surveys.
“This is a part of distributing infrastructure in a large country as Australia, and there are good reasons why these processes are in place, Brady said.
“However, the volume of legislation, regulation and different requirements in states and regions added significant costs and complexity.”
The Australian Business Council supports the calls for a quarter -reduction of business compliance costs by 2030.
“This means that, like our obligation to publish and distribute paper copies of white pages, which regulation is no longer needed.”
Brady said that Australia should not only be located faster in the soil, but should also build the “Connection Super Motorway in the air”.
This meant access to new mobile spectrum bands to increase the scope of the bush and to launch 6G technology.
The Australian Mobile Telecommunications Association supported the call of the Telstra boss to provide certainty that the government will continue to access Telcos’s spectrum.
Spectrum and Network Infrastructure President Chris Coughlan said, “releasing the spectrum and reducing bureaucracy for longer licenses will encourage long -term infrastructure investment,” he said.
“This will provide a better covering area in regional areas, reduce congestion and provide the necessary access to provide still sound and data services from 6G technology and satellite.”
Brady said that Australia is at risk of being commercially commercially competitive, as countries like the United States offer digital infrastructure on a faster and greater scale.
AI said that it has the potential to go twice in the next decade, but Australia should include the people to rely on technology.
Telstra has cut 2800 jobs in the past financially and plans to throw 550 more as a part of a major restructuring on the Telstra Enterprise arm, but rejected that the changes were the result of AI’s adoption.
Ms. Brady said that AI’s impact on employment was unclear, but “2030 bride, I would expect Telstra to be smaller than today.”
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