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National Advertising Division Recommends T-Mobile Discontinue Certain Comparative Savings Claims for its Mobile Telephone Service; T-Mobile to Appeal
GlobeNewswire News Roomยท 2025-05-19 15:00
Core Points - Verizon Communications Inc. challenged T-Mobile US, Inc. regarding savings claims in its advertising materials, leading to a recommendation from the National Advertising Division (NAD) to discontinue these claims [1][5] - T-Mobile modified its savings claims to explicitly reference streaming services but still conveyed that consumers switching from Verizon could save 20% based solely on plan costs [2][3] - NAD found that T-Mobile's disclosures were not clear about the conditions under which the 20% savings claim applied, including the requirement to purchase three lines of service at a specific tier [4] Group 1 - The NAD recommended that T-Mobile discontinue the challenged savings claims due to misleading implications about savings [5] - T-Mobile expressed disappointment with the NAD's decision and plans to appeal to the National Advertising Review Board (NARB) [5] - The NAD's findings highlight the importance of clear and conspicuous advertising disclosures to avoid consumer confusion [4][8] Group 2 - The National Advertising Division serves as an independent body that reviews advertising truthfulness and promotes fair competition [8] - BBB National Programs, which oversees the NAD, has been enhancing consumer trust in business for over 50 years through various self-regulation programs [7]
HUTCHTEL HK(00215) - 2024 H2 - Earnings Call Transcript
2025-03-14 10:30
Hutchison Telecommunications Hong Kong Holdings (00215) H2 2024 Earnings Call March 14, 2025 05:30 AM ET Company Participants Kenny Koo Sing-fai - CEO & Executive DirectorNG Marcus Byron - Chief Financial Officer Operator Good evening, and welcome to Hechicin Telecommunications Hong Kong Holdings twenty twenty four Annual Results Webcast. Today, we have our Executive Director and CEO, Mr. Kenny Ku and our CFO, Mr. Marcus Ng, to give you an overview of our 2024 annual results. During the presentation, please ...