Toxic Lead-Covered Cables From AT&T, Verizon And Other Telecoms Remain Exposed: WSJ
Portfolio Pulse from Anthony Noto
Telecommunications companies including AT&T Inc., Verizon Communications Inc., and Frontier Communications Parent Inc have left behind thousands of toxic lead-covered cables, posing a health risk to surrounding communities. The Wall Street Journal found that lead levels in sediment and soil at over 4 dozen locations exceeded safety recommendations set by the U.S. Environmental Protection Agency. The companies have known about the potential risks but have not acted meaningfully to mitigate them.
July 09, 2023 | 3:21 pm
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NEGATIVE IMPACT
Frontier Communications Parent Inc is implicated in an environmental hazard due to toxic lead-covered cables. The company has known about the potential risks but has not acted meaningfully to mitigate them.
The news directly implicates Frontier Communications in an environmental hazard, which could lead to regulatory scrutiny, potential lawsuits, and reputational damage. This could negatively impact the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
AT&T Inc. is implicated in an environmental hazard due to toxic lead-covered cables. The company has known about the potential risks but has not acted meaningfully to mitigate them.
The news directly implicates AT&T in an environmental hazard, which could lead to regulatory scrutiny, potential lawsuits, and reputational damage. This could negatively impact the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Verizon Communications Inc. is implicated in an environmental hazard due to toxic lead-covered cables. The company has known about the potential risks but has not acted meaningfully to mitigate them.
The news directly implicates Verizon in an environmental hazard, which could lead to regulatory scrutiny, potential lawsuits, and reputational damage. This could negatively impact the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100