Violation Tracker Individual Record

Company: 
Straight Path Communications Inc.
Current Parent Company: 
Verizon Communications
Penalty: 
$15,000,000
Year: 
2017
Date: 
January 12, 2017
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
telecommunications violation
Violation Description: 

The Federal Communications Commission's Enforcement Bureau announced a settlement valued in excess of $100 million with Straight Path Communicationsto resolve an investigation of Straight Path's failure to deploy wireless services as required under its FCC spectrum licenses. All but $15 million was suspended on the condition that Straight Path sell its remaining licenses, which it did.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Federal Communications Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
telecommunications
Specific Industry of Parent: 
telecommunications
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.