article_snippet: Several companies have warned that the new retention obligations would cost Several companies and Several companies customers millions of dollars.
article_snippet: The Attorney-General’s website unveiled the estimated cost on Sunday.
article_snippet: ‘The Attorney-General’s Department has engaged PricewaterhouseCoopers (PwC) to cost the implementation of the proposed data retention regime in consultation with industry.
article_snippet: ‘PricewaterhouseCoopers (PwC) estimated the upfront capital cost of the regime to all of business to be between $188.8 million and $319.1 million, which is less than 1 per cent of the $43 billion in revenue generated by industry annually,’ the website states.
highlights_snippet: The cost to telcos is estimated to be between $188.8 million - $319.1 million .
  