Quanta Technology

Quanta Services is a U.S. corporation that provides outsourced construction, maintenance, and technology services for electric power, telecommunications, broadband cable, and gas pipeline industries. Capabilities include the planning, design, installation, maintenance and repair of most types of network infrastructure. In June 2009, Quanta Services was added to the S&P 500 index, replacing Ingersoll-Rand. Quanta Services employs about 8,000... people full time, 5,000 on a 1099 form and its operating companies achieved combined revenues of about $3.8 billion in 2008. It is headquartered in Houston, Texas. Quanta Services was founded in 1997 to create an integrated, comprehensive and nationwide network of infrastructure contractors to meet the evolving needs of electric utility and telecommunications companies. With deregulation driving fundamental changes in the electric power industry, the founders anticipated a dramatic expansion in outsourcing of the design, installation, repair and maintenance of power transmission and power distribution networks. The company quickly grew from $152 million in revenue in its first year to more than $2 billion in 2000.
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