IBM will pay $24.25 million to resolve FCC probes
IBM Corp has agreed to pay $24.25 million 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” program rules in connection with New York City and El Paso school districts.
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