Telecom Stocks Under Pressure As Toxic Lead Cable Concerns Discourage Buyers: 5 ETFs To Watch
Telecom Stocks Under Pressure As Toxic Lead Cable Concerns Discourage Buyers: 5 ETFs To Watch
On Monday, shares of AT&T plummeted to their lowest value since 1993, dropping 7%. Although there was a slight recovery attempt on Tuesday's opening, AT&T ultimately closed flat. 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.
在《華爾街日報》進行的一項詳細調查顯示，諸如 AT&T Inc. （紐約證券交易所：）， 威瑞森通訊公司 （紐約證券交易所代碼：VZ）， 電話和數據系統公司 （紐約證券交易所代碼：TDS）， 前沿通信母公司 納斯達克股票代碼：FYBR）和其他公司忽略了全國2,000多條含鉛電纜，這些電纜是在舊的貝爾系統下安裝的，現在正在腐爛。
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.
環境研究人員與《華爾街日報》記者合作，對來自不同地點的水和沉積物樣本進行了測試。 令人震驚的是，12項測試中有8項顯示鉛污染水平升高。
Lead-Cabling Controversy Hits Telecoms Stocks: Analysts React
Lead-Cabling 爭議衝擊電信股：分析師做出反應
The market impact was swift and severe. Analysts, including Citigroup's Michael Rollins, wasted no time downgrading the affected stocks due to the environmental threat.
市場衝擊迅速而嚴重。由於環境威脅，包括花旗集團的邁克爾·羅林斯在內的分析師毫不猶豫地下調了受影響股票的評級。
On Monday, shares of AT&T plummeted to their lowest value since 1993, dropping 7%. Although there was a slight recovery attempt on Tuesday's opening, AT&T ultimately closed flat.
週一，AT＆T的股價暴跌至1993年以來的最低水平，下跌了7％。儘管週二開盤時有小幅的復甦嘗試，但AT＆T最終收盤持平。
Verizon shares also experienced a significant decline, hitting their lowest point in over a decade on Monday with a 7.5% drop, followed by a marginal 2.4% rebound on Tuesday. TDS saw the most notable recovery on Tuesday, surging 9% after an 8.4% decline on Monday.
威瑞森股價也大幅下跌，週一觸及十多年來的最低點，下跌7.5％，隨後在週二小幅反彈2.4％。週二，TDS的復甦最爲顯著，在週一下跌8.4％之後，飆升了9％。
Telecom Companies Respond to Lead Cable Concerns:
電信公司對鉛電纜的擔憂做出了回應：
In response to the Wall Street Journal's investigation, the telecom companies and USTelecom, a group representing the broader industry, defended their practices.
在回應《華爾街日報》的調查時，電信公司和代表整個行業的美國電信組織爲自己的做法辯護。
They emphasized that they provide safety training and protective gear to workers to handle lead properly.
他們強調，他們爲工人提供安全培訓和防護裝備，以正確處理鉛。
AT&T said in a press release that it does not consider lead-sheathed cables to be a public health concern, citing scientific literature. The company also criticized the testing methodologies used by the newspaper and questioned the credibility of one of the testing companies due to a conflict of interest.
AT＆T在一份新聞稿中援引科學文獻說，它不認爲鉛護套電纜是公共衛生問題。該公司還批評了該報使用的測試方法，並由於利益衝突而質疑其中一家測試公司的信譽。
TDS acknowledged the presence of a limited amount of lead cabling in its network and said it is identifying the next steps to address the issue while complying with applicable laws. Verizon did not issue a PR on the matter.
TDS承認其網絡中存在數量有限的導線電纜，並表示正在確定在遵守適用法律的同時解決該問題的下一步措施。Verizon 沒有就此事發布公關。
5 ETFs With The Highest Exposure To Telecom Stocks
5只電信股敞口最高的ETF
Among the exchange-traded funds that show a concentration of holdings in telecommunication stocks affected by the lead-cabling crisis, Benzinga found:
本辛加發現，在顯示持股集中在受鉛電纜危機影響的電信股的交易所交易基金中：
| ETF Name | T (weight %) | VZ (%) | TDS (%) | FYBR (%) |
|---|---|---|---|---|
| iShares U.S. Telecommunications ETF (NYSE:IYZ) | 4 | 11.8 | 0 | 2.5 |
| iShares Trust – iShares Global Comm Services ETF (NYSE:IXP) | 2.59 | 3.55 | 0 | 2.3 |
| SPDR S&P Telecom ETF (NYSE:XTL) | 3 | 3.1 | 3.5 | 3 |
| Vanguard Communication Services ETF (NYSE:VOX) | 3.8 | 4.4 | 0.1 | 0 |
| Invesco S&P 500 Equal Weight Communication Services ETF (NYSE:RSPC) | 4 | 4.1 | 0 | 0 |
| ETF 名稱 | T（重量%） | VZ (%) | TDS (%) | FYBR (%) |
|---|---|---|---|---|
| iShares 美國電信 ETF （紐約證券交易所代碼：IYZ） | 4 | 11.8 | 0 | 2.5 |
| iShares Trust — iShares 全球通信服務 ETF （紐約證券交易所代碼：IXP） | 2.59 | 3.55 | 0 | 2.3 |
| SPDR 標準普爾電信 ETF （紐約證券交易所代碼：XTL） | 3 | 3.1 | 3.5 | 3 |
| 先鋒通信服務ETF （紐約證券交易所代碼：VOX） | 3.8 | 4.4 | 0.1 | 0 |
| 景順標準普爾500指數等權重通信服務ETF （紐約證券交易所代碼：RSPC） | 4 | 4.1 | 0 | 0 |
Also Read: What's Going On With Verizon Shares
另請閱讀：Verizon 股票怎麼了
Photo: Shutterstock
照片：Shutterstock
譯文內容由第三人軟體翻譯。
