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Mobile operators get fixed price spectrum renewal in $3b Government windfall

The Government has offered Australia's three mobile operators, and vividwireless, renewal of their existing spectrum allocated on 15 year licences in the late 90s and early 2000s at set prices, while the Government expects to rake in $3 billion.

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Vendors under risk management microscope in downturn

Business IT - Technology

According to Araneta vendors have become more mindful of fee structures and engagement margins, and, he maintains, “banks justifiably have to be on their guard for vendors drastically cutting staff levels as well as those showing declines in service-level agreement (SLA) compliance and performance.

“Furthermore, as the IT department is pressed to justify technology spending, the vendor management office is compelled to spend more effort on vendor due diligence, monitoring, and scrutiny of SLAs.”

Araneta says he applauds moves by several vendors to significantly improve corporate governance and transparency, and concludes that “disclosures made by vendors to current and potential clients have become more detailed to include other client references, new wins, and other metrics for performance and delivery.

“Overall, the practice and standards of corporate governance have improved,” Arenta says, but adds that it remains to be seen, however, “whether changes are for the long-term or just coterminous with the weak economic climate."

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