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Company: Sprint
Current Parent Company:
T-Mobile US
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $2,950,000
Year: 2015
Date: October 21, 2015
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Mobile service provider Sprint agreed to pay $2.95 million in civil penalties to settle Federal Trade Commission charges that the company failed to give proper notice to consumers who were placed in a program for customers with lower credit scores and charged an extra monthly fee.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Washington
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: telecommunications
Specific Industry of Current Parent: telecommunications
Source of Data:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.