AT&T To Pay $700,000 For Overcharging Consumers
An anonymous reader writes "CNet reports on an agreement between AT&T and the FCC which will require the telecom company to pay $700,000 to the federal government to resolve overcharging complaints. AT&T will also refund charges to customers who were switched from pay-as-you-go data plans to monthly plans after AT&T said they could keep the old plans. 'AT&T has also agreed to an extensive compliance plan (PDF), which includes: consumer notification, training of customer care representatives, and periodic compliance reports to the FCC. AT&T must also conduct additional searches of its records to identify improperly switched consumers and ensure appropriate refunds.'"
an ink dot on himalayas, when compared to unjust profits of telecom vultures
With their 2011 revenue (http://www.att.com/gen/general?pid=22537), they generate roughly $697,615/hour in revenue.
I take it the FCC isn't familiar with "Old Testament" -style justice...
I understand that the EU does it that way - which is why everyone is whining that they are being too cruel to companies with the billion-dollars fines.
The best punishment ever handed down was to a lady who used the sidewalk to pass a bus, the judge is making her wear a sign which has on it “Only an idiot would drive on the sidewalk to avoid the school bus.”. Read more: http://www.thesun.co.uk/sol/homepage/news/4630315/Woman-to-wear-idiot-sign.html#ixzz2BXro0Llo