(Reuters) -Telstra, Australia's no.1 telecom firm, has been fined A$18 million ($11.87 million) by the Federal Court for lowering internet speed plans for about 9,000 customers without informing them, the country's competition watchdog said on Friday. Australian telecom firms are facing heightened scrutiny over governance, particularly after Optus' two back-to-back emergency call outages last month affected thousands of customers, with the first outage linked to four deaths. The Australian Competition and Consumer Commission (ACCC) said on Friday that Telstra migrated 8,897 customers of its low-cost value brand, Belong, to a lower-speed plan without notifying them that their maximum upload speed had been halved. The migration occurred during October-November 2020, the regulator said. "Tels
Australia fines Telstra $12 million for misleading customers on internet speed

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