(CNN) -- Verizon Wireless said Sunday it will refund about 15 million of its customers because the company incorrectly charged them for data sessions.
Over the past few years, some 15 million Verizon (VZ, Fortune 500) customers who did not have data plans were billed for sessions on their phones that they did not initiate, said Mary Coyne, the company's deputy general counsel, in a statement.
She added the majority of data sessions involved minor exchanges caused by built-in software. Others involved opening the Web, which should not have incurred charges, she said.
"We have addressed these issues to avoid unintended data charges in the future," Coyne said. "Our goal is to maintain our customers' trust and ensure they receive the best experience possible."
Current customers will receive notification of credits on their October or November bill of between $2 and $6 in most cases, while former customers can expect to receive a refund check in the mail. Some will receive larger credits or refunds.
A Federal Communications Commission spokeswoman said in a prepared statement that "Verizon itself has put the amount of overcharges at more than $50 million, dating back two years."
The agency began investigating the matter 10 months ago after consumers complained, the spokeswoman added.
"Consumers have a right to receive straight bills and to get straight answers when they question them," she said. "We're gratified to see Verizon agree to finally repay its customers."
But the FCC still has concerns about the issue, the spokeswoman said, and an investigation will continue -- which could lead to "additional penalties" for Verizon.
Index | Last | Change | % Change |
---|---|---|---|
Dow | 32,627.97 | -234.33 | -0.71% |
Nasdaq | 13,215.24 | 99.07 | 0.76% |
S&P 500 | 3,913.10 | -2.36 | -0.06% |
Treasuries | 1.73 | 0.00 | 0.12% |
Company | Price | Change | % Change |
---|---|---|---|
Ford Motor Co | 8.29 | 0.05 | 0.61% |
Advanced Micro Devic... | 54.59 | 0.70 | 1.30% |
Cisco Systems Inc | 47.49 | -2.44 | -4.89% |
General Electric Co | 13.00 | -0.16 | -1.22% |
Kraft Heinz Co | 27.84 | -2.20 | -7.32% |
Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands. More |
Land O'Lakes CEO Beth Ford charts her career path, from her first job to becoming the first openly gay CEO at a Fortune 500 company in an interview with CNN's Boss Files. More |
Honda and General Motors are creating a new generation of fully autonomous vehicles. More |
In 1998, Ntsiki Biyela won a scholarship to study wine making. Now she's about to launch her own brand. More |
Whether you hedge inflation or look for a return that outpaces inflation, here's how to prepare. More |