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Company: Verizon Wireless
Current Parent Company:
Verizon Communications
Parent at the Time of the Penalty Announcement:
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Penalty: $90,000,000
Year: 2015
Date: May 12, 2015
Offense Group: consumer-protection-related offenses
Primary Offense: telecommunications violation
Violation Description: The Federal Communications Commission's Enforcement Bureau announced that Verizon Wireless agreed to pay $90 million and Sprint Corporation agreed to pay $68 million to settle investigations that revealed the companies billed customers millions of dollars in unauthorized third-party premium text messaging services, a practice called cramming.
Level of Government: federal
Action Type: agency action
Agency: Federal Communications Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: telecommunications
Specific Industry of Current Parent: telecommunications
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.