Verizon/Tracfone Compliance Officer Sees More Work Ahead
The independent compliance officer (ICO) monitoring Verizon’s compliance with conditions imposed as part of the FCC’s approval of its buy of Tracfone (see 2111220069) wants additional changes, in its overview of the transaction. “The Verizon Plan is reasonably designed to…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
ensure the Company’s implementation and compliance with the Order and appears to be largely effective,” said a report by the ICO, posted Monday in docket 22-210: “Several prior ICO Recommendations remain in-progress and priority areas for the Company to address. The ICO found that while Verizon has revised or enhanced its Order compliance activities in response to certain ICO Recommendations or otherwise, it has not memorialized those changes in the written Verizon Plan or Compliance Manual.” This was the third report. The ICO urged the carrier to “review and update the Implementation and Compliance Plan, Compliance Program Manual, and related documents on a periodic basis to reflect any material enhancements or changes, especially if those enhancements or changes are not entirely consistent with the current content, and consider aligning the process for Recommendation responses and program updates to align to the Plan.” The ICO plans a “deeper dive into the Company’s Order compliance efforts and verification of Data Reporting.”