Telecommunications operators have addressed risk using traditional approaches centered around revenue assurance and fraud. The telecoms sector has however, evolved in the past decade and strong revenue growth has plateaued in most regions. Traditional, narrow approaches to risk management that might have once worked do not produce the results that shareholders are now looking for. TAUSPACE’s Strategies Group’s telecoms risk program tackles business risk holistically, rather than narrow unintegrated programmes with limited business visibility. By tackling all areas of the business we are able to design and implement strategies to manage risk and improve shareholder value.
Our technology agnostic INTEGRATED RISK FRAMEWORK programme delivers an integrated risk management solution in three phases. Plan, Build and then Operate, or Transfer should the client so require. The TAUSPACE risk programme is geared around telecommunications operator’s specific needs and addresses the following six vital areas within any telecommunications company.