FCC fines AT&T, Sprint, T-Mobile, and Verizon nearly $200 million for illegally sharing location data [Verge, The]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: Verge, The
The agency alleges the carriers illegally shared customers' location data with other companies without their consent. Share this story The Federal Communications Commission is fining the largest US mobile carriers a combined nearly $200 million for allegedly illegally sharing customers' location data without their consent. The FCC says it found the carriers “sold access to its customers' location information to ‘aggregators,' who then resold access to such information to third-party location-based service providers.” The agency says the carriers effectively “attempted to offload” their responsibility to get customers' consent to share their location data with “downstream recipients.” Even after being made aware of the issue, the FCC claims, the carriers still failed to limit access to the information. The fines vary across carriers. T-Mobile faces the largest at $80 million. Sprint, which merged with T-Mobile since the investigation began, faces a $12 million fine. AT&T faces
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Earnings
- 4/24/24 - Beat
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Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- T's page on the SEC website