RCC Consultants files for Chapter 11 bankruptcy
In addition, RCC Consultants officials believe the company will benefit from streamlining operations, potentially seeking capital and “aggressively reducing accounts payable,” according to Hunter’s declaration. From a strategic standpoint, the company’s plans to focus its efforts on growth areas, such as next-generation 911 and distributed antenna systems (DAS).
“Given the decline in wireline telephony, the marketplace is demanding a higher quality of indoor wireless technology,” Hunter’s declaration states. “According to some analysts, the global DAS market will almost double by the year 2019. In addition, within some sectors, regulations are being enacted that require in-building coverage enhancement for public-safety radio systems.
“RCC has carefully examined and identified these growing needs with the marketplace for DAS, as well as the potential target customer base for services and solutions relating to same, and hopes that same will prove to be another important tool for emerging from Chapter 11.”