Other than sheer criminal mischief, this is the most likely explanation.
A coworker once saw some workers in the Philippines use a bulldozer to drag 500 meters of copper phone cable out of the ground so they could sell it on the black market.
H2/O2 torch probably. Or perhaps a "jaws of life" hydraulic scissors style setup. Probably not any sort of electrical blade, I imagine cavitation and/or the viscosity of water would become an issue there.