FCC fines four wireless carriers millions [FOX Business Network]
AT&T Inc. (T)
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Source: FOX Business Network
Four wireless carriers were each hit with multi-million-dollar fines by the Federal Communications Commission (FCC). The FCC on Monday accused AT&T, T-Mobile, Sprint and Verizon of sharing access to location information of customers "without consent and without taking reasonable measures to protect that information against unauthorized disclosure" as it levied the fines against the carriers. The regulator contended that constituted breaches of the law. Ticker Security Last Change Change % T AT&T INC. TMUS T-MOBILE US INC. VZ VERIZON COMMUNICATIONS INC. Powered By In connection to that, the regulator doled out an over $80 million fine to T-Mobile , with its brand Sprint also getting one to the tune of over $12 million, per the agency's press release. Meanwhile, AT&T and Verizon's fines amounted to roughly $57 million and $47 million, respectively. The FCC claimed "aggregators" that received customer location data from the carriers turned around and char
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