Dycom Industries (DY) Acquires Black & Veatch's Public Carrier Wireless Telecommunications Infrastructure Business
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Dycom Industries, Inc. Acquires Black & Veatch's Public Carrier Wireless Telecommunications Infrastructure Business
August 21, 2024 6:05 AM EDTPALM BEACH GARDENS, Fla., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) today announced that the Company acquired Black & Veatchs public carrier wireless telecommunications infrastructure business. The acquired business provides wireless construction services primarily in the states of New York, New Jersey, Missouri, Kansas, Colorado, Utah, Wyoming, Idaho and Montana. The acquisition strategically strengthens Dycoms customer base and expands geographic scope to more broadly address growth opportunities in wireless network modernization, including Open RAN transformation initiatives, and deployment services. For fiscal 2026, the acquired business is expected to contribute $250 million to $275 million of contract... More
