Verizon (VZ) Loses Supreme Court Bid To Recover FCC Privacy Fine
Verizon Communications (NYSE: VZ) has had its petition rejected by the U.S. Supreme Court, leaving in place a multimillion dollar FCC fine tied to sales of customers' real time location data.
The decision ends Verizon's legal challenge and confirms the financial penalty imposed over its handling of sensitive user information.
The outcome renews focus on Verizon's regulatory exposure and the privacy rules that apply to major U.S. telecom carriers.
With regulators tightening their focus on...
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