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Dycom Acquires Prince Telecom Holdings, Inc.


Dycom Acquires Prince Telecom Holdings, Inc. and Announces Conference Call to Discuss the Acquisition
PALM BEACH GARDENS, Fla., Dec. 19 /PRNewswire/ --

PALM BEACH GARDENS, Fla., Dec. 19 /PRNewswire-FirstCall/ -- DYCOM INDUSTRIES, INC. announced today that it had acquired Prince Telecom Holdings, Inc. pursuant to the stock purchase agreement previously announced on December 9, 2005. Prince Telecom was acquired for approximately $65.1 million in cash. Prince Telecom will operate as a wholly owned subsidiary of Dycom.

Prince Telecom installs and maintains customer premise equipment, including set top boxes and cable modems, for leading cable multiple system operators throughout the United States.



A Tele-Conference call to discuss this acquisition will be hosted at 9:00 a.m. (ET), Wednesday, December 21, 2005; call 877-209-0397 (United States) or 612-332-1213 (International) and request "Dycom Recent Acquisition" conference call. A live webcast of the conference call will be available at http://www.dycomind.com. If you are unable to attend the conference call at the scheduled time, a replay of the live webcast will also be available at until Friday, January 20, 2006.

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