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FCC wants to fine wireless carrier Truphone for ties to Russian oligarchs FCC wants to fine wireless carrier Truphone for ties to Russian oligarchs
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FCC wants to fine wireless carrier Truphone for ties to Russian oligarchs
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Old 22nd April 2022, 05:28   #1
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Default FCC wants to fine wireless carrier Truphone for ties to Russian oligarchs

The FCC's crackdown on Russian ties to US telecom is making headway. The agency voted today to fine Montana-based wireless carrier Truphone for not disclosing that it is indirectly owned by Russian oligarchs, reportedReuters. Any company with an FCC common carrier license has to receive approval from the agency before letting a foreign entity hold more than 25 percent of its equity or voting interests. For violating that rule, the agency proposed a fine of $660,639 and is requiring Truphone to repeat parts of the FCC’s vetting process.

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