Verizon Pays $93.5 Million Settlement to US Government
Verizon sure has a funny way of overcharging people for their services. We saw it last year when the carrier admitted they had been charging customers a bogus data access fee and then proceeded to issue $90 million in refunds. This time, the complaints didn’t come from your average customer. Rather, the US government discovered that Verizon’s MCI Communications Services Inc. had been asking for taxes and surcharges that violated the deal between the two parties. How much is Verizon paying now? $93.5 million right into Uncle Sam’s pocket. Think of it as a reverse bailout.
[via Reuters]