The ITW Global Leaders’ Forum (GLF), a leadership body of the international Carrier industry and i3forum, a non-profit focused on supporting transformation in Carrier business, have announced that BTS, Interoute, Sprint, Tele2, Telia Carrier, Telstra, MNF Group including TNZI, and Vodafone have joined 10 other Carriers in an industry-led Code of Conduct to combat fraud in international telecoms. Each organisation that signs the Code of Conduct agrees to adhere to its principles and work together to limit the impact of fraud in the wholesale telecoms industry.

The Code of Conduct was launched by the GLF in partnership with i3forum in March 2018. It was developed to give all players across the global Carrier ecosystem steps for protecting their businesses and preventing fraudsters from profiting from criminal activity. Current participants to the Code are A1 Telekom Austria, BICS, BT, Colt, Deutsche Telekom ICSS, Etisalat, Orange, PCCW Global, Telefónica and Türk Telekom International.

“Fraud costs our industry billions of dollars annually. It impacts all of our businesses and it is critical that we work together to fight fraud. Each organisation that signs the Code of Conduct is taking action that will benefit the entire Carrier ecosystem. It shows their commitment to creating healthy and sustainable Carrier businesses that proactively protect their customers and partners,” said Daniel Kurgan, CEO of BICS, who leads the GLF fraud sub-committee.