FCC levies largest ever fine: $614m on Verizon (that's about three days of profit for telco giant)
https://www.theregister.co.uk/2018/03/01/verizon_fcc_fine/
Verizon's $3.1bn Straight Path gobble got a little more expensive this week, thanks to a $614m fine dished out by America's broadband watchdog, the Federal Communications Commission.
The regulator sought to punish Straight Path for breaking its promise to roll out working high-speed cellular networks across the US using its rights to 5G spectrum frequencies.