US fines telcos $200M for sharing customer location data without consent [TechCrunch]
AT&T Inc. (T)
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Source: TechCrunch
for “illegally” sharing and selling customers' real-time location data without their consent. AT&T's fine is more than $57 million, Verizon's is almost $47 million, T-Mobile's is more than $80 million, and Sprint's is more than $12 million, according to the FCC's announcement. “Our communications providers have access to some of the most sensitive information about us. These carriers failed to protect the information entrusted to them. Here, we are talking about some of the most sensitive data in their possession: customers' real-time location information, revealing where they go and who they are,” FCC Chairwoman, Jessica Rosenworcel, said in the announcement. The FCC said its investigative arm, the Enforcement Bureau, concluded that the four companies sold access to its customers' location data to third party companies, which the FCC called “aggregators,” which in turn resold the location data to other companies. These series of sales and resales effectively created a whole gra
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News
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- John Stankey to Update Shareholders at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 21PR Newswire
T
Earnings
- 4/24/24 - Beat
T
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- T's page on the SEC website