UPDATE: T-Mobile (TMUS), FCC Reach $48M Settlement Over 'Unlimited' Plan Disclosures
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U.S. says T-Mobile to pay $48 million over data disclosures
October 19, 2016 10:27 AM EDTBy David Shepardson
WASHINGTON (Reuters) - T-Mobile US Inc (NASDAQ: TMUS) will pay $48 million to resolve a federal probe into whether it adequately disclosed speed and data restrictions for its "unlimited" data plan subscribers, U.S. regulators said on Wednesday.
The settlement includes a $7.5 million fine, $35.5 million in consumer benefits for T-Mobile and Metro PCS customers with "unlimited" plans, and at least $5 million in services and equipment to U.S. schools "to bridge the homework gap facing todays students," the U.S. Federal Communications... More
