Home Business & Finance AT&T to Pay $60 Million Fines for Throttling Its Unlimited Plans

AT&T to Pay $60 Million Fines for Throttling Its Unlimited Plans

AT&T to Pay $60 Million Fines for Throttling Its Unlimited Plans

According to a recent report from Reuters AT&T is set to pay a $60 million for throttling data speeds in the carrier’s unlimited data plans.

Following the settlement with the Federal Trade Commission earlier on Wednesday, AT&T emailed a statement to Reuters. The company said, “Even though it has been years since we applied this network management tool in the way described by the FTC, we believe this is in the best interests of consumers.”

According to FTC, AT&T would throttle users’ connection after they used as little as 2 gigabytes of data. In an official statement, FTC’s Bureau of Consumer Protection said, “While it seems obvious, it bears repeating that Internet providers must tell people about any restrictions on the speed or amount of data promised.”

According to the report, the $60 million will be deposited to provide partial refunds to customers who signed up to the company’s unlimited plans prior to 2011 but were affected by AT&T’s decision to limit the data speed when the users went past a certain threshold.

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