NEW YORK ( TheStreet) -- According to those who know, copper is currently trading at almost $3.22/pound. That spot price is trending downward -- the average price over the last six months has been about $3.30.But, when applied to its most common use, as wires carrying electric signals between homes and offices, the Verizon (VZ - Get Report) deal to acquire the rest of Verizon Wireless from Vodafone (VOD) for $130 billion shows a different truth.
Copper Wires Are Worthless
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