Verizon to pay the FCC and customers

John Moe Oct 28, 2010

I’m not really sure how much of a difference $25 million makes to a company like Verizon (they’ll probably make that in the opening seconds of the Verizon iPhone’s release) but it will still be the largest payment to the FCC in history. This after the company settled a complaint that it had unfairly charged 15 million customers for accessing data networks. Those customers will also get very very small compensatory payments which will cost Verizon at least $52 million.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.