FCC fines US wireless carriers nearly $200 million over illegal location data sharing [Reuters]
AT&T Inc. (T)
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Source: Reuters
WASHINGTON, April 29 (Reuters) - The Federal Communications Commission fined the largest U.S. wireless carriers nearly $200 million for illegally sharing access to customers' location information. The FCC is finalizing fines first proposed in February 2020, including $80 million for T-Mobile and $12 million for Sprint, which it has acquired as well $57 million for AT&T and nearly $47 million for Verizon Communications . FCC Chair Jessica Rosenworcel said the largest wireless sold "real-time location information to data aggregators, allowing this highly sensitive data to wind up in the hands of bail-bond companies, bounty hunters, and other shady actors." Get weekly news and analysis on the U.S. elections and how it matters to the world with the newsletter On the Campaign Trail. Sign up Reporting by David Shepardson Our Standards:
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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