© Reuters. FILE PHOTO: An individual walks by a Verizon retailer in Manhattan, New York Metropolis, U.S., November 22, 2021. REUTERS/Andrew Kelly/File Picture
WASHINGTON (Reuters) – Verizon-subsidiary TracFone Wi-fi agreed to pay $23.5 million to resolve a Federal Communications Fee investigation into allegations it violated guidelines for 2 authorities packages, the company stated Wednesday.
Following its acquisition by Verizon (NYSE:) in late 2021, TracFone recognized cases through which it could have violated guidelines for 2 packages to assist decrease earnings Individuals get communications companies. TracFone additionally reimbursed the Common Service Fund $22.7 million and repaid $17.9 million in Emergency Broadband Profit funds, the FCC stated.
