FCC, DOJ Reach $17.7 Million Settlement With Verizon to Resolve E-rate Investigations
The FCC and DOJ settled with Verizon over possible E-rate competitive bidding violations. The telco agreed to pay $17.325 million to the USF and $354,634 to the U.S. Treasury to resolve parallel investigations, said a commission release Tuesday. Commissioner Mignon…
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Clyburn dissented, citing "over $50 million in harm." The company responded that New York City Department of Education consultant Ross Lanham was at fault, engaged in fraud without the telco's knowledge and the company worked to return money to the program.