Dycom Industries Inc
(NYSE: DY)
24.10
+0.57
+2.42%
+0.57
+2.42%
MORE ON DY
COMPANY INFORMATION
| Exchange: | New York Stock Exchange |
| Stock: | Dycom Industries Inc |
| Industry: | Engineering & Construction |
| Employees: | 8,111 |
DESCRIPTION
| Dycom Industries, Inc. was incorporated in the State of Florida in 1969. The Company is a provider of specialty contracting services. These services are provided throughout the United States and in Canada, include engineering, construction, maintenance and installation services to telecommunications providers, underground facility locating services to various utilities including telecommunications providers, and other construction and maintenance services to electric utilities and others. It provides outside plant engineers and drafters to telecommunication providers. These personnel design aerial, underground and buried fiber optic, copper, and coaxial cable systems that extend from the telephone company central office, or cable operator headend, to the consumer’s home or business. The engineering services it provides to telephone companies include: the design of service area concept boxes, terminals, buried and aerial drops, transmission and central office equipment, the proper administration of feeder and distribution cable pairs, and fiber cable routing and design. For cable television multiple system operators, it performs make-ready studies, strand mapping, field walk-out, computer-aided radio frequency design and drafting, and fiber cable routing and design. The Company places and splices fiber, copper, and coaxial cables. In addition, it excavates trenches in which to place these cables; place related structures such as poles, anchors, conduits, manholes, cabinets and closures; place drop lines from main distribution lines to the consumer’s home or business; and maintain and remove these facilities. These services are provided to both telephone companies and cable television multiple system operators in connection with the deployment of new networks and the expansion or maintenance of existing networks. It provides underground facility locating services to a variety of utility companies, including telecommunication providers. Premise wiring services are provided to various corporations and state and local governments. These services are predominantly limited to the installation, repair and maintenance of telecommunications infrastructure within improved structures. It performs construction and maintenance services for electric utilities and other customers. These services are performed mainly on a stand-alone basis and typically include installing and maintaining overhead and underground power distribution lines. In addition, it periodically provides these services for the combined projects of telecommunication providers and electric utility companies, mainly in joint trenching situations, in which services are being delivered to new housing subdivisions. The Company’s current customers include telephone companies such as AT&T, Verizon, CenturyLink, Windstream, Qwest, and Frontier Communications Corporation. It also provides telecommunications engineering, construction, installation and maintenance services to a number of cable television multiple system operators, including Comcast, Time Warner Cable, Charter, Cablevision, and Cox Communications, Inc. The specialty contracting services industry in which it operates is highly fragmented. It is characterized by a large number of participants, including several large companies as well as a significant number of small, privately held, local competitors. A significant portion of its work is performed underground. As a result, it is potentially subject to material liabilities related to encountering underground objects which might cause the release of hazardous materials or substances. |
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