FCC fines four wireless carriers millions [Yahoo! Finance]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: Yahoo! Finance
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. 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. CLICK HERE TO READ MORE ON FOX BUSINESS 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 charged third-party location-based service providers for access at a price. READ ON THE FOX BUSINESS APP The carriers kept up their practice of selling access to such data even "after becoming aware that their safe
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T
Earnings
- 4/24/24 - Beat
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Sec Filings
- 5/21/24 - Form 8-K
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- T's page on the SEC website