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AT&T owes Missouri munies $65M
A Circuit Court judge in St. Louis has approved a settlement in a long-running legal fight between telco giant AT&T and about 330 municipalities in Missouri who had charged that AT&T did not pay enough taxes on the various landline fees it charges customers. The company will now pay out about $65 million total across these municipalities to settle the resulting class action suit. Kansas City, Mo., will get about $10.7 million out of the settlement, the largest amount that any one municipality will receive. The pay-outs will take about five months to process, assuming that municipalities agree to the settlement terms.
For more:
- The Kansas City Business Journal has this story
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Missouri legislators also have been looking at how to reduce access charges
Comments
Posted by richard t marotte | June 29, 2009 - 1:13pm
What a surprise! Imagine any RBOC cheating their customers or avoiding taxes.They are out of control the FCC needs to embark upon enforcement of all the laws, rules and regulations. These companies believe they are immune from any enforcement.
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