All Telecommunications articles – Page 2
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News BriefEricsson promotes investigations head to CCO
Ericsson shook up its reporting structure with the promotion of Head of Corporate and Government Investigations Rebecca Rohr to chief compliance officer.
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Blog
USTelecom elects Windstream CCO to board
Trade group United States Telecom Association announced the election of Kristi Moody, executive vice president, general counsel and chief compliance officer for communications company Windstream Holdings, to its board of directors.
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Blog
PacketFabric recruits Megaport GC as chief operating officer
Network connectivity provider PacketFabric announced former Megaport General Counsel Anna Tichborne joined the company as chief operating officer.
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PremiumTop ethics and compliance failures of 2023
A virtual currency exchange that sought to mislead regulators, banks failing after ignoring obvious risks, and a manufacturer that sold millions of its products in violation of U.S. export controls are among those that make up CW’s list of the biggest ethics and compliance fails of 2023.
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Blog
Telecommunications Association of Michigan adds general counsel
The Telecommunications Association of Michigan announced the appointment of Michael Rampe as general counsel.
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News BriefCharter Communications fined $25M over stock buyback violations
The Securities and Exchange Commission fined Charter Communications $25 million for violating internal accounting control requirements related to stock buybacks.
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News BriefEricsson takes acting off CCO’s title
Swedish telecommunications company Ericsson announced the appointment of Jan Sprafke as its full-time chief compliance officer.
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News BriefGTT Communications spared fine in SEC disclosure failure case
GTT Communications, a provider of telecommunications and internet services, avoided a civil penalty in reaching a settlement with the Securities and Exchange Commission addressing alleged disclosure failures over more than a two-year period.
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News BriefVerizon unit to pay $4.1M in cybersecurity false claims case
Verizon Business Network Services agreed to pay approximately $4.1 million to settle allegations levied by the Department of Justice regarding false claims caused by failure to fully implement cybersecurity controls required of a government contractor.
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News BriefFCC forms consumer data privacy task force
The Federal Communications Commission announced the launch of a new task force to coordinate privacy and data protection efforts at the agency, which oversees a telecommunications industry often targeted by cybercriminals.
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ArticleQ&A: Compliance Mentor of the Year Rachel Simon
Rachel Simon, vice president of privacy at AT&T, discusses with Compliance Week how leveraging her networking skills has helped the telecommunications giant build diversity in its ranks.
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News BriefGCI to pay $40.2M to settle False Claims Act case
Alaska-based telecommunications provider GCI Communications Corp. agreed to pay more than $40.2 million as part of a settlement agreement with the Department of Justice for alleged violations of the False Claims Act.
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PremiumKPMG survey finds CCOs gearing to add staff, increase tech spend
A new KPMG survey of chief compliance officers at Fortune 500 companies found nearly three out of every four expect to enhance their compliance functions in response to pressure from regulators and their own boards.
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OpinionRecord Seagate enforcement a reminder it doesn’t matter if you think you’re right
Not knowing with certainty whether the business you’re conducting meets all relevant regulatory standards is a recipe for trouble, as Seagate learned in paying $300 million for its restricted dealings with Chinese telecom Huawei.
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Blog
VEON advances internal audit head succession
Dutch telecom VEON announced the promotion of Group Director of Internal Audit Jagan Mohan to group head of internal audit. The move coincides with the previously announced transition of Joop Brakenhoff, group chief internal audit and ethics and compliance officer, to chief financial officer.
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News BriefSeagate fined record $300M over export business with Huawei
Seagate will pay the largest stand-alone administrative penalty in the history of the Commerce Department’s Bureau of Industry and Security for violating export control restrictions against Chinese telecommunications giant Huawei.
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PremiumEricsson’s sordid affair with DOJ raises questions on DPAs, transparency
A critical examination of Ericsson’s 2019 deferred prosecution agreement and the Department of Justice’s determination the company breached the agreement raises questions regarding the overall lack of accountability in the corruption scheme.
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News BriefEricsson to pay $207M for breaches of 2019 DPA over FCPA violations
Swedish telecommunications company Ericsson agreed to pay nearly $207 million following two breaches of its 2019 deferred prosecution agreement with U.S. authorities.
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News BriefMarcum partner accused of PCAOB standard violations at FTE Networks
Marcum partner Alan Markowitz was accused of violating standards of the Public Company Accounting Oversight Board when he took a client’s false representations at face value during an audit without seeking more information.
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News BriefEricsson searching for CCO successor amid extended compliance monitorship
Ericsson announced the departure of Chief Compliance Officer Laurie Waddy as the Swedish telecommunications company braces for another year under an independent compliance monitorship.