The Federal Communications Commission’s Enforcement Bureau announced that T-Mobile will pay a $200 million penalty to the U.S. Treasury to resolve an investigation of its subsidiary Sprint’s compliance with the commission’s rules regarding waste, fraud, and abuse in the Lifeline program for low-income consumers. The payment is the largest fixed-amount settlement the FCC has ever […]
The U.S. Bankruptcy Court in Puerto Rico saw a whopping 31% drop in activity in October, when 419 cases were filed, in comparison to the 762 cases filed for the same month last year. During the first 10 months of the year, filings dropped by 32.7% to 4,342 cases, when compared to the 6,452 petitions […]
Liberty Latin America completed its acquisition of AT&T’s wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands over the weekend, in a deal worth $1.95 billion and that will add more than 1 million wireless subscribers and contracts to the new owner’s footprint. The deal also includes AT&T’s estimated 1,300 employees; network […]
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