The Federal Communications Commission on Wednesday announced the settlement, including a $7.5 million fine and $35.5 million worth of discounted gear or data for customers of third-largest U.S. wireless carrier T-Mobile and its MetroPCS unit, according to Bloomberg.
“Consumers should not have to guess whether so-called ‘unlimited’ data plans contain key restrictions, like speed constraints, data caps, and other material limitations,” said Travis LeBlanc, the FCC’s enforcement bureau chief. “When broadband providers are accurate, honest and upfront in their ads and disclosures, consumers aren’t surprised and they get what they’ve paid for.”
An investigation found that company policy allows T-Mobile to decrease data speeds when customers on plans sold as unlimited exceed a monthly data threshold, the FCC said in a news release. The agency heard from hundreds of “unhappy” customers who complained of slow speeds and said they weren’t receiving what they were sold, according to the news release.
T-Mobile failed to adequately inform its unlimited data plan customers that, under a “Top 3 Percent Policy,” their data would be slowed at times if they used more than 17 gigabytes in a given month, the FCC said. It said the company had agreed to update its disclosures to better explain who may be affected.
T-Mobile Chief Executive Officer John Legere tweeted, “Good settlement with FCC today. @TMobile believes more info is best for customers.”
After the decision T-Mobile share dropped 40 cents to $46.95 at the beginning of the trade day.
In 2016 Ericsson Nikola Tesla Group continued with a series of its successful business years. Sales revenue increased by 16.7% year-over-year due to strong revenue growth in CIS market and continued growth of revenue in Ericsson market.
In 2016, Hrvatski Telekom generated revenue amounting to HRK 6.97 billion, which is by 0.7% better than in 2015. HT maintained its leading position in all segments of the telecommunications market, the main contributors being mobile and wholesale revenues, growth of the ICT segment, and the electricity business.
GSMA announced the launch of the ‘IoT Big Data API Directory’ that will make harmonised data sets from multiple sources worldwide available to developers and third parties, enabling them to create innovative new IoT services.