Verizon pays $25 million penalty and refunds $52 million too


Posted on October 31, 2010  /  0 Comments

Verizon will pay the U.S. Treasury $25 million on top of more than $52 million in refunds to consumers for overcharging them. This penalty and refund are due to the operator “erroneously” overcharging the customers for mobile Internet use. The FCC chairman Julius Genachowski said in a statement the $25 million settlement was the largest in the FCC’s history. Verizon said in a statement that the settlement was voluntary and it apologized for the “accidental data charges.”  The New York Times reports.

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