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Cell tower company QualTek files for bankruptcy

QualTek, which employs 5,000 people and provides services to the US cell tower industry, filed for Chapter 11 bankruptcy to cut debt. #pressrelease

United statesCompany or qualtekQualtek services incUnited states bankruptcy courtQualtek servicesSouthern districtRestructuring support agreement

QualTek shares fall after units file for Chapter 11 in Texas (NASDAQ:QTEK)

QualTek Services (QTEK) said Wednesday that a few of its subsidiaries have filed voluntary petitions for Chapter 11 cases as part of a restructuring process

United statesQualtek servicesUnited states bankruptcy courtSouthern district

QualTek Services Inc files for bankruptcy with hopes of cutting debt almost in half

QualTek Services Inc, a provider of infrastructure services to renewable energy and telecommunication companies, announced on Wednesday that it has filed.

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Telecom Contractor Qualtek Hits Ch 11 With Debt Swap Plan

Telecommunications services provider Qualtek Services Inc. filed for Chapter 11 protection in Texas on Wednesday, saying it plans to reduce its debt by $307 million through a conversion of secured debt to equity in a reorganized company.

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Nasdaq Down 1%; US Crude Oil Inventories Decline Last Week

U.S. stocks traded lower midway through trading, with the Nasdaq Composite dropping over 100 points on Wednesday. The Dow traded down 0.72% to 32.

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