AT&T fined $100 million for misleading 'unlimited' plans

AT&T was slapped with a $100 million fine Wednesday after regulators with the FCC say the company's "unlimited" data plan was anything but. The penalty is the largest proposed fine in FCC history.

The agency says AT&T misled consumers into buying plans with unlimited ability to send and receive data. But AT&T would apparently slow people's internet speeds after hitting a certain amount of data, violating net neutrality rules established by the FCC in 2010.

"When a giant company like AT&T misleads millions of its customers, someone needs to hold them accountable, and I'm glad the FCC is working to do that," said Sen. Franken. (D-Minn.). "Americans increasingly depend on mobile broadband Internet services, and they have a right to be fully and fairly informed about the data plans they are purchasing. This announcement makes clear that the FCC takes its enforcement role seriously, and is committed to requiring the kind of transparency that broadband customers deserve. I applaud the FCC for taking this action."

AT&T says it will "vigorously dispute" the ruling.

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