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AT&T to pay $105 million to settle US bogus mobile bill claims

2014-10-08 22:01:23| Telecom - Topix.net

AT&T Inc. agreed to pay $105 million to settle U.S. claims that the wireless carrier placed unauthorized charges on customer bills. AT&T unlawfully billed customers for charges originated by other companies for subscriptions to ringtones, horoscopes and text messages, a practice known as mobile cramming, the Federal Trade Commission said in a statement today.

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AT&T to Pay $105 Million for Bogus Cell Phone Fees

2014-10-08 21:37:53| PC Magazine Cell Phones Product Guide

AT&T will pay $80 million to the FTC, which will be used for refunds, and $20 million to the states and Treasury.

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The feds are fining AT&T $105 million for loading wireless bills with bogus charges

2014-10-08 19:58:25| Wireless - Topix.net

For the second time this year, federal regulators are targeting a major wireless network over allegations that it added bogus third-party charges to consumers' cellular bills. On Wednesday, officials slapped AT&T with a $105 million fine to settle accusations that it charged consumers extra for spammy services they didn't ask for, such as monthly ringtone subscriptions and horoscope text messages.

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Cooper Tire to sell stake in China plant for $284 million

2014-10-08 19:35:58| Industrial Machines - Topix.net

Cooper Tire & Rubber Co . confirmed today that its joint-venture partner in China, Chengshan Group Co.

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Ember Resources to buy Alberta gas properties from Encana for $605 million

2014-10-08 19:35:46| Energy - Topix.net

Encana Corp has agreed to sell a more than 6,800 producing gas wells and other portions of its Clearwater assets in southern and central Alberta for about $605 million to Ember Resources Inc. The deal will more than double Ember's land and production holdings in Alberta, which are concentrated on coalbed methane lands in the Horseshoe Canyon area. The Clearwater assets going to Ember include about 485,600 hectares of land and wells that produce the equivalent of 180 million cubic feet of natural gas per day.

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