The Federal Trade Commission (FTC) announced that AT&T will pay $60 million to settle its lawsuit against the company over its unlimited data plans. In 2014, the FTC sued AT&T for allegedly misleading its millions of smartphone customers by charging them for unlimited data plans while reducing their data speeds. The consumer watchdog found that the wireless provided failed to adequately disclose to customers that if they use up a certain amount of data at given cycle; it will throttle their data speeds. At some point, customers experience difficulty using…
Read MoreAT&T to pay $60 million to settle FTC complaint over its unlimited data plans
