The U.S. telecommunications industry is experiencing a volatile period following a detailed investigation conducted by the Wall Street Journal revealing that telecom companies, such as AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ), Telephone and Data Systems Inc. (NYSE:TDS), Frontier Communications Parent Inc. (NASDAQ:FYBR) and others neglected more than 2,000 lead-containing cables across the country that were installed under the old Bell System and are now decaying.
Environmental researchers, collaborating with Journal reporters, conducted tests on water and sediment samples from various locations. Shockingly, eight out of 12 tests showed elevated levels of lead contamination.
