FCC fines U.S. wireless carriers over $200M

[Pablo]

FCC fines U.S. wireless carriers over $200M for illegally sharing location data (NYSE:VZ)

The FCC has fined major US wireless carriers over $200 million for illegally sharing customer location data, with T-Mobile receiving the largest penalty.

seekingalpha.com

"The Federal Communications Commission said on Monday it had fined the largest U.S. wireless carriers over $200 million for illegally sharing access to customers’ location data.

The FCC said it had fined T-Mobile (NASDAQ:TMUS) over $91 million, Sprint $12 million, AT&T (NYSE:T) $57 million, and Verizon Communications (NYSE:VZ) $47 million. "

 

[alarmguy]

FCC fines U.S. wireless carriers over $200M for illegally sharing location data (NYSE:VZ)

The FCC has fined major US wireless carriers over $200 million for illegally sharing customer location data, with T-Mobile receiving the largest penalty.

seekingalpha.com

"The Federal Communications Commission said on Monday it had fined the largest U.S. wireless carriers over $200 million for illegally sharing access to customers’ location data.

The FCC said it had fined T-Mobile (NASDAQ:TMUS) over $91 million, Sprint $12 million, AT&T (NYSE:T) $57 million, and Verizon Communications (NYSE:VZ) $47 million. "

Amazing, they’re all criminals whether they’re successful on appeal or not.
Here you are paying for service from these companies and their doubling back and making huge profits selling your information.

It’s not even like a free app where that money pays for the app or the free service. Unbelievable, great post.
Lucky the FCC cares because most of the public is always out to lunch anyway

 

[GMBoy]

I read the article and doesn't surprise me. Also doesn't surprise me that they are appealing the decision. What happens to the fine money? Who gets it?

 

[BMWTurboDzl]

FCC fines U.S. wireless carriers over $200M for illegally sharing location data (NYSE:VZ)

The FCC has fined major US wireless carriers over $200 million for illegally sharing customer location data, with T-Mobile receiving the largest penalty.

seekingalpha.com

"The Federal Communications Commission said on Monday it had fined the largest U.S. wireless carriers over $200 million for illegally sharing access to customers’ location data.

The FCC said it had fined T-Mobile (NASDAQ:TMUS) over $91 million, Sprint $12 million, AT&T (NYSE:T) $57 million, and Verizon Communications (NYSE:VZ) $47 million. "

""This industry-wide third-party aggregator location-based services program was discontinued more than five years ago," said T-Mobile. The company added that it plans to challenge the FCC's decision, calling the fine excessive."

 

[Pablo]

I read the article and doesn't surprise me. Also doesn't surprise me that they are appealing the decision. What happens to the fine money? Who gets it?

More importantly, WHO pays it, indirectly........

 

[Trav]

More importantly, WHO pays it, indirectly........

These companies are not the customer is, all this is doing is putting up the rates we all pay every month. This is just another indirect bend over moment.

 

[Quattro Pete]

Slap on the wrist.

And yes, it'll all get passed down to the consumer.

 

[Invisible]

More importantly, WHO pays it, indirectly........

The customer pays it, the government gets it. The customer always gets the short end...

 

[DemoFly]

That's just the cost of doing business. The government wont ban it because they are one of the biggest customers. This is like killing the streetworker in grand theft auto to get your money back.

 

[levi]

The government wont ban it because they are one of the biggest customers.

This.

 

[Rogueman2016s]

Ain’t that something I smell rate hikes

 

[Warstud]

FCC fines U.S. wireless carriers over $200M for illegally sharing location data (NYSE:VZ)

The FCC has fined major US wireless carriers over $200 million for illegally sharing customer location data, with T-Mobile receiving the largest penalty.

seekingalpha.com

"The Federal Communications Commission said on Monday it had fined the largest U.S. wireless carriers over $200 million for illegally sharing access to customers’ location data.

The FCC said it had fined T-Mobile (NASDAQ:TMUS) over $91 million, Sprint $12 million, AT&T (NYSE:T) $57 million, and Verizon Communications (NYSE:VZ) $47 million. "

I'd like to know how there gonna get any money out of Sprint .

 

[thastinger]

Scroll to the bottom of the user agreement and click "accept"
Then pay higher service prices once the government has established they violated your "rights" and "fined them" for doing so, which the government can do at any time via patriot act legislation.
Gov gets the fine money, that you will ultimately pay, plus the addition tax money from your new higher bill, but that doesn't mean they can't do the same thing.

 

[tedsweet]

just results in being passed to customers