UC to receive $8.6M from settlement with Verizon, AT&T
Gisselle Reyes/Staff
The settlement will require Verizon Communications Inc. to pay $68 million and AT&T Inc. $48 million to local government users in California, including the UC Board of Regents and CSU Board of Trustees.
The UC system will receive $8.6 million from Verizon Communications Inc. and AT&T Inc. after a settlement was reached over a whistleblower’s allegation that the two companies were overcharging California state contractors.
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