FCC Says T-Mobile Will Pay $31.5M To Resolve Probe Into Data Breaches Impacting Millions Of U.S. Consumers
Portfolio Pulse from Benzinga Newsdesk
T-Mobile has agreed to pay $31.5 million to settle a Federal Communications Commission (FCC) investigation into data breaches that affected millions of U.S. consumers.
September 30, 2024 | 4:27 pm
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T-Mobile will pay $31.5 million to resolve an FCC investigation into data breaches affecting millions of U.S. consumers, highlighting ongoing security challenges.
The settlement indicates a significant financial and reputational impact on T-Mobile due to security breaches. This could lead to short-term negative sentiment among investors, affecting the stock price.
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