Verizon Investigates Lead Contamination Problem: Report
Portfolio Pulse from Lekha Gupta
Verizon Communications Inc (VZ) is investigating potential lead contamination linked to its aging phone cables. The company is testing sites where lead was reported to be leaching into the ground from old wiring. The issue could increase cleanup costs and lead to a difficult year for telecom operators. AT&T Inc (T) also owns some of these legacy networks.
July 18, 2023 | 12:54 pm
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NEGATIVE IMPACT
AT&T also owns some of the legacy networks that could be affected by the lead contamination issue. This could lead to increased cleanup costs and regulatory scrutiny.
AT&T, like Verizon, owns some of the legacy networks that could be affected by the lead contamination issue. This could lead to increased cleanup costs and regulatory scrutiny, negatively impacting the company's financial performance in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Verizon is investigating potential lead contamination from its old phone cables. This could lead to increased cleanup costs and regulatory scrutiny.
The news of potential lead contamination could lead to increased cleanup costs and regulatory scrutiny for Verizon. This could negatively impact the company's financial performance in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100