MITRA MANDAL GLOBAL NEWS

U.S. says T-Mobile to pay $48 million settlement over disclosures

T-Mobile US Inc (TMUS.O) has agreed to pay $48 million to resolve a federal probe into whether it adequately disclosed speed and data restrictions for its "unlimited" data plan subscribers, U.S. regulators said on Wednesday.
The settlement includes a $7.5 million fine, $35.5 million in consumer benefits for T-Mobile and Metro PCS customers with "unlimited" plans, and at least $5 million in services and equipment to U.S. schools "to bridge the homework gap facing today’s students," the U.S. Federal Communications Commission said in a statement.

(Reporting by Mohammad Zargham; Editing by Susan Heavey)

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