T-Mobile Fined $60 Million for Violating Merger Agreement

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.

T-Mobile Fined $60 Million for Data Security Breaches

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.

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