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Federal Communications Commission: FCC fines US wireless carriers over illegal location data sharing, ET Telecom

Federal Communications Commission: The carriers sold "real-time location information to data aggregators, allowing this highly sensitive data to wind up in the hands of bail-bond companies, bounty hunters, and other shady actors," FCC Chair Jessica Rosenworcel said in a statement.
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Fantasia Holdings: China's Fantasia proposes $1.3 billion debt to equity swap for creditors, ET RealEstate

Fantasia Holdings: Cheering the restructuring agreement, shares of Fantasia jumped more than 11% on Tuesday morning, outperforming the 0.4% fall in the Hang Seng Mainland Properties Index.
Gortune Alternative Fund Management Hang Seng Mainland Properties Index Kaisa Group Representative Image Embattled Chinese Hang Seng Mainland Properties

Corning forecasts second-quarter core sales above estimates on steady carrier spending, ET Telecom

After a period of sluggish spending by wireless carriers on its fiber optic cables, Corning is seeing a recovery as telecom clients upgrade their infrastructure along with more uses for the companys products in data centers, which power artificial intelligence applications.
Corning Sales Orning Optic Fiber Cables Elecom News Data Centers Aai Applications

American Tower Corporation: American Tower Corp raises annual revenue forecast on healthy telecom spending, ET Telecom

American Tower Corporation: American Tower is also seeing growing demand for its data center leasing business as more firms look to expand their digital infrastructure and take advantage of the artificial intelligence boom.
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