Dycom Industries has this week announced the acquisition of Black & Veatch’s public carrier wireless telecommunications infrastructure business for $150 million.
Black & Veatch provides wireless construction services primarily in the states of New York, New Jersey, Missouri, Kansas, Colorado, Utah, Wyoming, Idaho, and Montana.
According to Dycom, the transaction "strategically strengthens its customer base."
Dycom added that it "expands the geographic scope to more broadly address growth opportunities in wireless network modernization, including Open RAN transformation initiatives, and deployment services."
The company said it expects the acquired business to contribute $250m to $275m of contract revenues.
Founded in 1969, Dycom provides specialty contracting services to the telecommunications infrastructure and utility industries throughout the US, operating across all 50 states.
The company supplies telecom providers with an array of services, including program management; planning; engineering and design; aerial, underground, and wireless construction; maintenance; and fulfillment services.
