Verizon, AT&T to pay $127M for allegedly overcharging government agencies [telecom]

$127 million settlement in lawsuits that said carriers violated gov't contracts.

By Jon Brodkin

Verizon and AT&T have agreed to pay a combined $127 million to settle lawsuits alleging that they overcharged California and Nevada government entities for wireless service. The lawsuit was filed in 2012 and resulted in a settlement approved on Thursday last week by Sacramento County Superior Court, the plaintiffs' law firm, Constantine Cannon, announced.

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