Telecom: Stuck on Hold
When the World Trade Center collapsed on Sept. 11, telecommunications providers with facilities located nearby suffered serious damage. Verizon, the primary local carrier in New York City and along the Atlantic seaboard, lost two major switching facilities loaded with pricey equipment. At least 10 Verizon cell-phone sites also went dark. AT&T lost equipment it had housed in one of the Trade Center towers. The terrorist attack touched other carriers by clogging their networks.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.