How Will T-Mobile US (TMUS) Stock Be Affected By FTC Allegations?

NEW YORK (TheStreet) -- Shares of T-Mobile US, Inc. (TMUS) are down -0.62% to $33.41 after it was reported that the FTC accused the company of charging mobile phone customers for premium services from other firms that were often bogus and never authorized by its customers, and alleged that they reaped millions of dollars as a result, the Wall Street Journal reports.

T-Mobile US allegedly received as much as 35% to 40% of the total amount charged to consumers for subscriptions for content such as flirting tips, horoscope information or celebrity gossip, according to the FTC. 

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