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Stock impact report

FCC set to let phone companies block more robocalls [Reuters (UK)]

Verizon Communications Inc. (VZ) 
Last verizon communications inc. earnings: 4/24 07:30 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
Company Research Source: Reuters
FCC set to let phone companies block more robocalls - Reuters 4 Min Read WASHINGTON (Reuters) - U.S. Federal Communications Commission (FCC) Chairman Ajit Pai on Wednesday proposed allowing phone companies to block unwanted “robocalls” by default in a bid to reduce the flood of nuisance calls from telemarketers and scammers. Pai said many service providers have held off developing and deploying default call-blocking tools because of uncertainty about whether the tools are legal under the FCC rules. Allowing the default call-blocking could significantly increase development and consumer adoption of the tools, Pai said, adding that providers should offer call blocking services for free. In addition, companies could allow users to block calls not on their contact lists, Pai said. “By making it clear that such call blocking is allowed, the FCC will give voice service providers the legal certainty they need to block unwanted calls from the outset so that consumers never have to get them,” Show less Read more
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