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Sprint facing investigation for false-claiming of U.S. low-income subsidies

Sprint Corp despite non usage of its services by 885,000 low-income subscribers has received government subsidies of tens of millions of dollars for the same, a last week statement by the Federal Communications Commission said. Shares of Sprint sank 3.3% or 22 cents to $6.37 on that day after FCC’s announcement of an investigation by […] More

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Sprint facing investigation for false-claiming of U.S. low-income subsidies

Sprint Corp despite non usage of its services by 885,000 low-income subscribers has received government subsidies of tens of millions of dollars for the same, a last week statement by the Federal Communications Commission said. Shares of Sprint sank 3.3% or 22 cents to $6.37 on that day after FCC’s announcement of an investigation by […] More

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