Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Report: Telecom Companies Must Do More to Stop Corruption

Jaclyn Jaeger | November 25, 2015

The world’s largest telecommunications companies do not disclose enough information on how they organize themselves and even less on each country where they do business, according to a new report conducted by Transparency International and its national chapter in Hungary.

The first-of-its-kind report analyzed the 35 largest telecoms companies—29 being telecommunications service providers and six being equipment manufacturers—and ranked them based on their reporting of the measures they take to prevent corruption, information about subsidiaries and holdings, and key financial information including payments abroad.

Three companies—Deutsche Telekom, Vodafone, and Telenor—scored over 50 percent in all three dimensions. Twenty-six companies scored less than five out of 10 overall.

Companies where legislation compels the...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.