Yes. There are plenty of companies using this in innocent ways already. For example if you're renting a vehicle from Avis in the mainland US and need roadside

Yes. There are plenty of companies using this in innocent ways already. For example if you're renting a vehicle from Avis in the mainland US and need roadside assistance because your rental vehicle won't start, they can use your phone number (if you give consent) to find where they should send the tow truck. Next time you rent a vehicle from Avis, call their roadside assistance number to see this in action for yourself. This is a useful service, most people renting cars are doing so in places other than where they live, and may not be able to describe the location they're stranded at. But it does raise the question of who else is receiving your location information.