Dycom Industries (NYSE:DY) announced on Wednesday the acquisition of Black & Veatch’s public carrier wireless telecommunications infrastructure business.
Terms of the deal were not disclosed.
The acquired business provides wireless construction services primarily in the states of New York, New Jersey, Missouri, Kansas, Colorado, Utah, Wyoming, Idaho, and Montana.
For fiscal 2026, the acquired business is expected to contribute $250M to $275M of contract revenues.
The deal strengthens Dycom’s (DY) customer base and expands geographic scope to more broadly address growth opportunities in wireless network modernization, including Open RAN transformation initiatives, and deployment services.
More on Dycom Industries
Source link
