Shares of major telecommunications companies, including AT&T, Frontier Communications, and Lumen Technologies, continued to plummet following a recent investigation by The Wall Street Journal. The investigation shed light on a concerning issue: U.S. phone companies have neglected a network of cables containing toxic lead. This revelation sent AT&T's stock tumbling by … [Read more...] about Investigation Reveals Toxic Lead-Covered Cables Damaging Telecommunications Companies
telecom industry
Telecommunications Industry Faces Turbulence as Nokia and Ericsson Issue Stark Warnings
The telecommunications industry supply chain is experiencing a significant downturn as Nokia and Ericsson recently issued pessimistic forecasts regarding carrier spending, particularly in the United States. Nokia's Sales Outlook Cut Amidst Weakening Demand Nokia (ticker: NOK) has slashed its sales outlook, attributing it to deteriorating demand in the second half of the year. … [Read more...] about Telecommunications Industry Faces Turbulence as Nokia and Ericsson Issue Stark Warnings
