Verizon Starts Testing of Potential Lead Contamination Sites
- Phone carriers rocked by potential scope, costs of cleanup job
- Company seeks to address uncertainty, concerns on Wall Street
This article is for subscribers only.
With its shares tumbling to their lowest in 13 years, Verizon Communications Inc. is launching an investigation to help clarify the extent of potential lead contamination that may be related to its aging phone cables.
Verizon is testing various sites where lead was reported to be leaching into the ground from wiring dating back to the early 20th century.