Telecom & Wireless
Sprint Fined $7.5 Million for Do-Not-Call Violations
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The company was fined $400,000 in 2011 in a similar settlement in 2011, but apparently the lesson did not stick. Sprint said that the settlement is related to issues that are the result of “technical and inadvertent human errors” that the company itself reported to the FCC.
The company also sent text messages to phones on the national Do Not Call registry and those violations were included in the fine and settlement.
Sprint’s shares closed at $9.12 on Monday, up 1.2% in a 52-week range of $5.61 to $11.47.
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