the last page of the document on ORG specifically excludes those operators who are providing telecomms for financial services, including banking.
As far as the e-commerce stuff is concerned, this only covers encryption services provided by the telco or isp. It might, for example, be a nice selling point for a telecom/isp to offer me a fully encrypted service. This paper would make that ineffective as that provider is required to be able to decrypt my communications on demand, if they are the ones providing the encryption. If I take the standard service offered today, and choose to encrypt the data I send over it (using https for example), that has nothing to do with this paper.