May 182018
 
 May 18, 2018  Posted by  Business, Non-U.S.

Matthew Braga reports:

A joint venture between Canada’s three largest telecom companies has been selling the real-time location of its subscribers to third parties — as long as they have your consent, the company says.

EnStream, a joint venture between Rogers, Telus and Bell, isn’t new. It was originally formed in 2005 to develop ways for subscribers to make purchases with a mobile phone. Now, it’s in the business of providing “identity verification and authentication services,” helping third-party companies such as banks and insurance companies confirm you are who you say you are — and where you are.

It makes money, in part, by charging companies a fee to provide a user’s location.

Read more on CBC.

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