Australia fines Telstra $12 million for misleading customers on internet speed

Core Viewpoint - Telstra, Australia's leading telecommunications company, has been fined A$18 million (approximately $11.87 million) by the Federal Court for reducing internet speed plans for around 9,000 customers without prior notification [1] Group 1 - The fine imposed on Telstra amounts to A$18 million, which highlights regulatory scrutiny in the telecommunications sector [1] - The incident involved approximately 9,000 customers who experienced a reduction in their internet speed plans without being informed [1]