The United States Federal Trade Commission and AT&T Inc reached a settlement agreement on a 2014 case that accused the company of slowing down data sent to wireless devices, a federal court ruling showed on Friday.
U.S. District Court in San Francisco said the parties requested a 90-day stay for the FTC to review and vote on the proposed settlement. The value of the settlement was not disclosed.
FTC and AT&T reached the agreement on Aug. 2.
The FTC in 2014 sued AT&T on the grounds that the No. 2 U.S. wireless carrier failed to inform consumers it would slow the speeds of heavy data users on unlimited plans.
MacDailyNews Take: All of the carriers need dictionaries opened to the word “unlimited.”