IBM Agrees to Pay $24.25 Million to Resolve FCC Probes Over Subsidies

IBM Agrees to Pay .25 Million to Resolve FCC Probes Over Subsidies

IBM has agreed to pay $24.25 million (roughly Rs. 180 crores) to resolve a pair of investigations by the Federal Communications Commission (FCC) over subsidies awarded to connect schools and libraries to broadband. IBM’s payment will resolve two FCC investigations that have spanned nearly 15 years over its alleged violations of “E-Rate” programme rules in … Read more