All articles tagged with #lead cables
The Justice Department and the Environmental Protection Agency (EPA) are conducting an investigation into telecom companies over the use of lead cables, according to a WSJ news exclusive. The probe aims to determine whether these companies violated environmental regulations by using lead-based cables in their infrastructure.
Verizon reported better-than-expected quarterly profits due to lower costs and a surprising increase in wireless subscribers, driven by efforts to expand its enterprise customer base and 5G network. The company also announced that it is conducting tests on sites identified in a recent Wall Street Journal report on abandoned lead cables. Verizon's second-quarter results showed signs of recovery after a challenging 2022, with the addition of 8,000 net monthly bill-paying wireless phone subscribers. However, total revenue fell 3.5% to $32.6 billion, missing analysts' estimates.
The Wall Street Journal conducted an investigation into hidden lead cables that are still in use across the United States, posing a potential health risk. The investigation revealed that AT&T, the largest landline phone company in the country, has thousands of miles of lead-sheathed cables that were installed decades ago and are still in service. These cables can contaminate soil and water, potentially exposing people to lead poisoning. The report highlights the need for infrastructure upgrades and stricter regulations to ensure public safety.