Virgin Media and EE fined over £13m for leaving customers 'out of pocket'
Virgin Media and EE have both been fined £13.3m due to overcharging their customers who wished to terminate their contracts early.
The companies have been fined by the watchdog regulator, Ofcom, which stated that they had left customers ‘in need of cash’ due to such early-exit charges.
Ofcom has said that around 400,000 EE customers were affected, and those who ended their contracts had been overcharged by up to £4.3m.
In terms of Virgin Media, around 82,000 of its customers were overcharged by supposedly just under £2.8m.
More follows.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline
Devolution needs financial firepower to drive growth
The value of creating a stronger careers route
Apprenticeships: Invest in talent or keep chasing it