Violation Tracker Individual Record

Company: 
Puerto Rico Telephone Company and America Movil
Penalty: 
$1,100,000
Year: 
2016
Date: 
June 28, 2016
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
telecommunications violation
Violation Description: 

The Federal Communications Commission announced today that Puerto Rico Telephone Company and its parent company, America Movil of Mexico, will pay $1.1 million to resolve an investigation by the FCC's Enforcement Bureau of stock purchases in America Movil by Carlos Slim Helu and his family that repeatedly exceeded the foreign ownership levels approved by the Commission.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Federal Communications Commission
Civil or Criminal Case: 
civil
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.