Telstra outage could cost 'hundreds of millions of dollars'

A major Telstra network outage is projected to cost the company hundreds of millions of dollars, according to an expert's estimate. This disruption affected millions of users across Australia, impacting both businesses and personal communications. The financial fallout underscores the critical role that reliable telecommunications play in the economy, highlighting the potential for significant losses in service-dependent industries. This incident also raises questions about the accountability and compensation mechanisms for such extensive network failures.