AT&T wants to settle FTC suit claiming the carrier throttled data speed of 'unlimited' customers

AT&T is said to be in talks with the FTC to settle a lawsuit that dates back to 2014. That year, a complaint was filed against the carrier claiming that it was misleading millions of its customers over its unlimited data plan. Subscribers to the tier offering unlimited data were upset because after consuming a certain amount of data in a month, their data speeds were throttled.
Instead of taking its case with the FTC to the Supreme Court, AT&T on Thursday said that it has decided to negotiate a fair settlement of the issue with the regulatory agency. As for the $100 million fine imposed by the FCC, it would seem that the nation's second largest carrier is off the hook for now.
"We have decided not to seek review by the Supreme Court, to focus instead on negotiating a fair resolution of the case with the Federal Trade Commission."-Mike Balmoris, spokesman, AT&T
source: Reuters