Well this is something I have suspected for a long time.
http://www.engadget.com/2015/06/17/att-faces-100-million-fine-for-quietly-throttling/
http://www.engadget.com/2015/06/17/att-faces-100-million-fine-for-quietly-throttling/
The term you were looking for is "Recovery Fee".So it's more about their not saying anything than it is about them doing it. Expect another 1/2% "Tax" to cover this one for them.
That pretty much defines the attraction of incorporation.Impose hefty personal fines on the top brass and the principle stockholders and that crap would stop.
While the verbiage may be there now, it was not clearly stated when it was initially employed.Maybe it was just me, but I did not have any trouble seeing the "unlimited" as being 5GB LTE on their web site.
When I signed up for unlimited 3G service at $30/month (and I stress the 3G part since they refused to let me use the slower $20/month 2G data plan with my iPhone 3G) there was no limit. I've received the throttling threat text twice, but to my knowledge have never been throttled. If they did so, I would certainly complain vociferously since what I added was unlimited 3G data.While the verbiage may be there now, it was not clearly stated when it was initially employed.
Or how about the Japanese way: make a formal apology, bow one's head, and resign because the Board holds the CEO responsible and is showing him the door for the "mistake" of his decisions and bad public image of the company and the money it may cost in fines.That pretty much defines the attraction of incorporation.
I think the companies should be required to issue personal apologies to their customers along with a refund for services not rendered.
That pretty much defines the attraction of incorporation.
I think the companies should be required to issue personal apologies to their customers along with a refund for services not rendered.
Like many American companies, the only image that they're worried about is their image in the eyes of the stockholders and Wall Street. Honor doesn't play into that image as much as it should.Or how about the Japanese way: make a formal apology, bow one's head, and resign because the Board holds the CEO responsible and is showing him the door for the "mistake" of his decisions and bad public image of the company and the money it may cost in fines.
With a multiple Million dollar severance package.Or how about the Japanese way: make a formal apology, bow one's head, and resign because the Board holds the CEO responsible and is showing him the door for the "mistake" of his decisions and bad public image of the company and the money it may cost in fines.
Here's wondering if the 100 Million fine will be given to those other companies that have done this type of thing as well ?
They have all throttled speeds.
I'm sorry you feel a 100 Million fine is small.They might although I haven't heard any news about it as of yet. Frankly I'm still disappointed at the tiny amount of this fine. Just for reference in the quarter ending in October of last year AT&T posted a profit of 33 billion dollars. Essentially this fine amounts to 4 days worth of profit from AT&T which in the long term of things really isn't that much.