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I honestly don’t understand the process by which someone at these carriers proposed this as a product and somehow it was all approved and the carriers decided t
by erentz 8y ago
I honestly don’t understand the process by which someone at these carriers proposed this as a product and somehow it was all approved and the carriers decided this was a good thing to do. How much revenue did selling this data provide them? It surely can’t be much.
(I get it could’ve been worth more if they provided it to ad networks somehow but that doesn’t seem to be the case according to the articles.)
- deleted 8y ago[deleted]
- elliekelly 8y agoIt got approved because the FCC, as a regulatory body, has no teeth. The largest-ever fine issued by the FCC was $120 million. Their attorneys probably put the total regulatory risk of non-compliance at around $1 million. According to the article they were charging up to $1,100 per phone for the location data. So if they sold data on 1,000 customers they're in the black on the program even after they deal with the regulatory "headache."
- MiddleEndian 8y agoThis is why there should be criminal charges. They can eat cash penalties but people generally prefer to stay out of prison.