AT&T Frontier Communications and Telephone & Data Systems were each downgraded to neutral/high risk from buy at Citigroup, on possible risks from legacy lead...
AT&T T, Frontier Communications FYBR and Telephone & Data Systems TDS were each downgraded to neutral/high risk from buy at Citigroup, on possible risks from legacy lead sheathed cable exposure. The analysts said both AT&T and Verizon VZ described the potential exposure to lead within their networks as small, but at Verizon, small could be as much as 20%. The firms also said the presence of lead in cabling doesn’t mean there may be health or environmental risks.
... AT&T T , Frontier Communications FYBR and Telephone & Data Systems TDS were each downgraded to neutral/high risk from buy at Citigroup, on possible risks from legacy lead sheathed cable exposure. The analysts said both AT&T and Verizon VZ described the potential exposure to lead within their networks as small, but at Verizon, small could be as much as 20%. The firms also said the presence of lead in cabling doesn’t mean there may be health or environmental risks.
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