FCC set to fine Truphone over alleged Russian ties

US comms regulator, the FCC, has taken enforcement action against UK eSim firm Truphone for failing to accurately disclose foreign ownership stake by dual Russian/Cypriot nationals.
The Federal Communications Commission has proposed a fine of $660,639 against Truphone (through Montana-based subsidiary iSmart Mobile) for ‘exceeding statutory limits for ownership by foreign individuals or entities holding equity or voting interests in FCC-issued licenses without Commission approval.’
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