Business
Telstra admits to unconscionable conduct, faces $50m fine for ‘exploiting’ Indigenous consumers – ABC News
Telstra admits to unconscionable conduct during its sales of mobile phone plans to Indigenous consumers, who the ACCC says were exploited into signing up to unaffordable…
Australia’s biggest telecommunications provider, Telstra, has admitted it breached consumer law and could face a penalty of up to $50 million.
Key points:
- Telstra stores in regional and remote communities sold more than 100 vulnerable people phone contracts they could not afford
- The company has admitted to unconscionable conduct and the ACCC has taken action in the Federal Court
- It is likely to result in a significant financial penalty, and Telstra’s annual report suggests the fine could be up to…
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