Shares of AT&T rose 5% in premarket trading on Wednesday after the telecom company said lead cables made up only a small part of its wireline network, easing fears of an expensive clean-up.

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After failing to close in positive territory for a 10th session in a row Tuesday, AT&T Inc. shares were tracking toward a gain in Wednesday's premarket activity.
AT&T is looking to calm concerns over its exposure to lead contamination, while analysts suggest it and Verizon's stock selloff was overdone.
Company estimates lead-clad cables represent less than 10% of its legacy phone network.
AT&T Inc. said in a Tuesday court filing that it would hold off on prior plans to remove lead-sheathed cables running underneath California's Lake Tahoe amid recent reporting on the legacy cables.
AT&T stock fell to its lowest level since 1993 on Tuesday, extending its losses following a report earlier this month that some of the country's largest network providers left thousands of lead-covere
CNBC's Julia Boorstin and Mike Santoli join 'Closing Bell Overtime' to talk the latest from AT&T following a report from the Wall Street Journal concerning the company's lead cables in Lake Tahoe.
AT&T said on Tuesday it does not intend to immediately remove lead cables from Lake Tahoe pending further analysis, according to a court filing.
CNBC's Deirdre Bosa joins 'Power Lunch' to report on AT&T shares nearing a 30-year low on lead cables.

Looking Beyond Negative Headlines At AT&T

01:55pm, Tuesday, 18'th Jul 2023
AT&T Inc. has underperformed the market over the last five years, delivering a negative 20% return to shareholders, while the S&P 500 generated a 75% return in the same time frame. Despite concerns ov

Telecoms And Lead - The Next Big Lawsuit?

12:20pm, Tuesday, 18'th Jul 2023
Telecom stocks had a substantial negative impact on the back of potential concerns about leaded cables. Verizon Communications Inc. and AT&T Inc., two stocks which we recently recommended, were partic
AT&T (T) is expected to have witnessed a top-line improvement in second-quarter 2023 on healthy wireless traction, driven by steady investments for 5G expansion and fiber broadband infrastructure deve
It's always darkest before the dawn.
AT&T (T) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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