Verizon, AT&T, and T-Mobile’s ‘unlimited’ plans just got a $10M slap on the wrist

Verizon, AT&T, and T-Mobile will pay a combined $10.22 million to a group of states to settle claims that the carriers lied to customers about their “unlimited” plans and “free” phone offers. The settlement, which follows an investigation from a coalition of 50 attorneys general, requires the three companies to make their advertisements more transparent.

Under the terms of the agreement, Verizon, T-Mobile, and AT&T can only advertise...