FCC slaps top telecom companies with $200 million in fines for selling user location data
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FCC fines big phone companies nearly $200 million for sharing customer location data
The Federal Communications Commission fined four US wireless carriers close to $200 million for illegally sharing access to customers' location data.AT&T was fined over $57 million, and Verizon was fined almost $47 million. T-Mobile and Sprint, which merged since the investigation began, have been fined $92 million collectively, the FCC said on Monday."Our communications providers have access to some of the most sensitive information about us," FCC chairwoman Jessica Rosenworcel said in the...
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FCC hits top US carriers with nearly $200 million fine for sharing user location illegally
The FCC has fined major U.S. wireless carriers, including AT&T, Sprint, T-Mobile, and Verizon, nearly $200 million for illegally sharing customers' location data without consent despite knowing.
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Truist Financial Corp Has $91.16 Million Stock Position in Verizon Communications Inc. (NYSE:VZ)
Truist Financial Corp reduced its position in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 18.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,417,969 shares of the cell phone carrier’s stock after selling 557,337 […]