T-Mobile has agreed to pay $60 million for failing to disclose data breaches related to its merger with Sprint, violating a national security agreement.
This is the largest fine imposed by Cfius for national security violations and marks the first time a company was publicly identified in such enforcement.
T-Mobile entered a national security agreement with Cfius in 2018, allowing its merger with Sprint, but failed to report significant data breaches in time.
The recent changes to Cfius's website aim to enhance transparency about penalties imposed and the specifics of violations related to U.S. national security.
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