While I’m dubious of the claim due to the robust permissions management in the latest versions of iOS and Android, it is interesting that a company has come out and said they are doing what everyone is thinking.
And yes they are a subsidiary of the parent of Cox Communications, the ISP, so I would be switching to a competitor ASAP if I had their services
If you’re able, try and trust a VPN provider, and route all your networking traffic through them. At least that’ll cut out your ISP from being able to harvest as much.