T-Mobile has been fined $60 million by the Committee on Foreign Investment in the U.S. (CFIUS) for failing to comply with a mitigation agreement related to its acquisition of Sprint Corp. The fine stems from unauthorized access to sensitive data, highlighting CFIUS’s increased focus on enforcing compliance with national security concerns.
Results for: Sprint
T-Mobile has been fined a record $60 million by the Committee on Foreign Investment in the U.S. (CFIUS) for failing to prevent and report unauthorized access to sensitive data. The penalty stems from violations of a security agreement T-Mobile made during its 2020 acquisition of Sprint. CFIUS emphasizes the importance of companies adhering to their security obligations to protect national security.