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Mobile provider TracFone to pay $40M in federal settlement
Source: AP-Excite
By JENNIFER C. KERR
WASHINGTON (AP) — The nation's largest prepaid mobile provider, TracFone, will pay $40 million to settle government claims that it misled smartphone customers with promises of unlimited data service.
The Federal Trade Commission says TracFone promised unlimited data in its advertising, but then drastically slowed or even cut off consumers' mobile data after they hit a certain limit.
TracFone's prepaid wireless service is sold under various brands, including Straight Talk, Net10, Simple Mobile and Telcel America.
FULL breaking short story at link.
Read more: http://apnews.excite.com/article/20150128/us-ftc-tracfone-settlement-6681b4079f.html
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