Vodafone PLC hit with record fines in New Zealand over unfair trading
September 11, 2012, 3:13 pm TWN
WELLINGTON, New Zealand -- A New Zealand court Monday ordered Vodafone PLC to pay a record amount of fines for breaking fair trading laws.
An Auckland District Court judge fined the London-based multinational firm NZ$960,000 (US$780,000) after it admitted breaching the Fair Trading Act.
The charges related to two mobile broadband marketing campaigns that falsely claimed its service was available everywhere and that its network was the largest in New Zealand.