Quanta is a leading provider of specialty contracting services, offering end-to-end
network solutions to the electric power, gas, telecommunications, cable television
and specialty services industries. We believe that we are the largest contractor
serving the transmission and distribution sector of the North American electric
utility industry.
Services
We design, install and maintain networks for the electric power, gas, telecommunications
and cable television industries as well as provide various ancillary services
to commercial, industrial and governmental entities. The following provides
an overview of the types of services we provide:
Electric power and gas network services. We provide a variety of end-to-end
services to the electric power and gas industries, including:
• installation, repair and maintenance of electric power transmission
lines ranging in capacity from 69,000 volts to 765,000 volts;
• installation, repair and maintenance of electric power distribution
networks;
• energized installation, maintenance and upgrades utilizing unique bare
hand and hot stick methods and our proprietary robotic arm;
• design and construction of independent power producer (IPP) transmission
and substation facilities;
• design and construction of substation projects;
• installation and maintenance of natural gas transmission and distribution
systems;
• provision of cathodic protection design and installation services;
• installation of fiber optic lines for voice, video and data transmission
on existing electric power infrastructure;
• installation and maintenance of joint trench systems, which include
electric power, natural gas and telecommunications networks in one trench;
• trenching and horizontal boring for underground electric power and natural
gas network installations;
• design and installation of wind turbine networks;
• cable and fault locating; and
• storm damage restoration work.
Telecommunications and cable television network services. Our telecommunications
and cable television network services include:
• fiber optic, copper and coaxial cable installation and maintenance for
video, data and voice transmission;
• design, construction and maintenance of DSL networks;
• engineering and erection of cellular, digital, PCS®, microwave and
other wireless communications towers;
• design and installation of switching systems for incumbent local exchange
carriers, newly competitive local exchange carriers, long distance providers
and cable television providers;
• trenching and plowing applications;
• horizontal directional boring;
• vacuum excavation services;
• cable locating;
• upgrading power and telecommunications infrastructure for cable installations;
• splicing and testing of fiber optic and copper networks and balance
sweep certification of coaxial networks; and
• residential installation and customer connects, both analog and digital,
for cable television, telephone and Internet services.
Ancillary services. We provide a variety of comprehensive ancillary services
to commercial, industrial and governmental entities, including:
• design, installation, maintenance and repair of electrical components,
fiber optic cabling and building control and automation systems;
• installation of intelligent traffic networks such as traffic signals,
controllers, connecting signals, variable message signs, closed circuit television
and other monitoring devices for governments;
• installation of cable and control systems for light rail lines, airports
and highways; and
• provision of specialty rock trenching, rock saw, rock wheel, directional
boring and road milling for industrial and commercial customers.
Competition
The markets in which we operate are highly competitive. We compete with other
contractors in most of the geographic markets in which we operate, and several
of our competitors are large domestic companies that may have greater financial,
technical and marketing resources than we do. In addition, there are relatively
few barriers to entry into some of the industries in which we operate and, as
a result, any organization that has adequate financial resources and access
to technical expertise may become a competitor. A significant portion of our
revenues is currently derived from unit price or fixed price agreements, and
price is often an important factor in the award of such agreements. Accordingly,
we could be underbid by our competitors in an effort by them to procure such
business. We believe that as demand for our services increases, customers will
increasingly consider other factors in choosing a service provider, including
technical expertise and experience, financial and operational resources, nationwide
presence, industry reputation and dependability, which we expect to benefit
contractors such as us. There can be no assurance, however, that our competitors
will not develop the expertise, experience and resources to provide services
that are superior in both price and quality to our services, or that we will
be able to maintain or enhance our competitive position. We may also face competition
from the in-house service organizations of our existing or prospective customers,
including electric power, gas, telecommunications and cable television companies,
which employ personnel who perform some of the same types of services as those
provided by us. Although a significant portion of these services is currently
outsourced by our customers, there can be no assurance that our existing or
prospective customers will continue to outsource services in the future.
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