UPDATE 1-FCC fines US wireless carriers over illegal location data sharing [Yahoo! Finance]
AT&T Inc. (T)
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Source: Yahoo! Finance
WASHINGTON, April 29 (Reuters) - The Federal Communications Commission on Monday 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; $12 million for Sprint, which T-Mobile has since acquired; $57 million for AT&T , and nearly $47 million for Verizon Communications. The carriers 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," FCC Chair Jessica Rosenworcel said in a statement. The wireless carriers said they plan to challenge the fines. Carriers have allowed the use of location-data for programs like roadside assistance, logistics, medical emergency alert services, human trafficking alerts and fraud prevention. "Smartphones are always with us, and as a result these devices kn
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