Dycom Industries Expands Wireless Infrastructure Services
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Dycom Industries Acquires Black & Veatch's Wireless Business
Dycom Industries, Inc. (NYSE: DY) today announced the acquisition of Black & Veatch’s public carrier wireless telecommunications infrastructure business. This strategic move enhances Dycom’s customer base and broadens its geographic reach to capitalize on growth opportunities in wireless network modernization, including Open RAN transformation initiatives and deployment services. The acquired business is projected to contribute between $250 million and $275 million in contract revenues for fiscal 2026.
About Dycom Industries, Inc.
Dycom is a leading provider of specialty contracting services to the telecommunications infrastructure and utility industries across the United States. Their services encompass program management; planning; engineering and design; aerial, underground, and wireless construction; maintenance; and fulfillment services for telecommunications providers. Moreover, Dycom offers underground facility locating services for various utilities and other construction and maintenance services for electric and gas utilities.
Strategic Importance of the Acquisition
The acquisition of Black & Veatch’s telecommunications infrastructure business is a vital step in enhancing Dycom's service offerings and market competitiveness. By integrating this business, Dycom will be better positioned to meet the growing demand for advanced wireless services and accommodate the evolving needs of its clients in the digital age.
Company Contact Information
For more information, contact:
Callie Tomasso, Vice President Investor Relations
Email: investorrelations@dycomind.com
Phone: (561) 627-7171
Frequently Asked Questions
What business did Dycom Industries acquire?
Dycom Industries acquired Black & Veatch’s public carrier wireless telecommunications infrastructure business.
How does this acquisition benefit Dycom Industries?
The acquisition strengthens Dycom's customer base and expands its geographic reach, providing growth opportunities in wireless network modernization.
What is the expected revenue contribution from the acquired business?
The acquired business is expected to contribute between $250 million and $275 million in contract revenues for fiscal 2026.
What services does Dycom Industries provide?
Dycom provides telecommunications infrastructure contracting services, including program management, engineering, construction, and maintenance for telecommunication providers and utilities.
Who can I contact for more information about Dycom?
You can contact Callie Tomasso at investorrelations@dycomind.com or call (561) 627-7171.
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