{"id":36646,"date":"2023-07-17T06:32:52","date_gmt":"2023-07-17T10:32:52","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/att-and-two-other-telecoms-downgraded-at-citi-on-risks-from-legacy-lead-cables\/"},"modified":"2023-07-17T06:32:54","modified_gmt":"2023-07-17T10:32:54","slug":"att-and-two-other-telecoms-downgraded-at-citi-on-risks-from-legacy-lead-cables","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=36646","title":{"rendered":"AT&T and two other telecoms downgraded at Citi on risks from legacy lead cables"},"content":{"rendered":"
\n

AT&T
\n T,
\n -4.10%<\/bg-quote>,<\/span>
\n Frontier Communications
\n FYBR,
\n -11.88%<\/bg-quote>
\n and Telephone & Data Systems
\n TDS,
\n -6.14%<\/bg-quote>
\n 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
\n VZ,
\n -1.82%<\/bg-quote>
\n 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\u2019t mean there may be health or environmental risks. The note said the timing to receive more information could take at least a couple months and full resolution could take years.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

AT&T T, -4.10%, Frontier Communications FYBR, -11.88% and Telephone & Data Systems TDS, -6.14% 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, -1.82% described the potential exposure to lead within their networks as small, but at […]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-36646","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nAT&T and two other telecoms downgraded at Citi on risks from legacy lead cables | iFintechWorld<\/title>\n<meta name=\"description\" content=\"AT&T T, -4.10%, Frontier Communications FYBR, -11.88% and Telephone & Data Systems TDS, -6.14% were each downgraded to neutral\/high risk from buy\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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