AT&T agrees to pay $450,000 to settle U.S. probe
Reuters
Published Sep 23, 2016 11:14AM ET
AT&T agrees to pay $450,000 to settle U.S. probe
WASHINGTON (Reuters) - The U.S. Federal Communications Commission said on Friday that AT&T Inc (N:T) has agreed to pay a $450,000 fine for unauthorized operations of fixed wireless stations and will not engage in repeat behavior, resolving a lengthy government investigation.
Over a four-year-period, AT&T operated many point-to-point microwave stations throughout the United States at variance with its licenses, the FCC said in a statement announcing the agreement.
Wireless stations are used by phone companies to connect calls and television signals directly between towers in areas that cannot be connected using standard wireline or fiber optic cable because of cost or terrain.
AT&T said in a statement that "minor discrepancies" were discovered as a result of a review of recently acquired licenses. "None of them had any impact on consumers or other carriers," the company said, adding that the agreement resolved a fine first proposed by the FCC in January 2015.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.