Gotta love the headline:
Sprint Awards Hispanic Firm $120 Million Contract
May 6, 1999 03:42 PM
KANSAS CITY, Mo., May 6 /PRNewswire/ -- Sprint has signed a $120 million contract with MasTec, Inc., a Hispanic-owned telecommunications infrastructure construction firm.
MasTec, headquartered in Miami with operations throughout North America, will perform a variety of construction projects, including installing copper and fiber networks and providing network technicians to support service installation and maintenance activities, initially at Sprint sites in Fort Myers, Fla. and Las Vegas, Nev., and their surrounding metropolitan areas.
"Sprint selected MasTec for its three decades of solid work experience, past work experience with Sprint, and for its leadership in a competitive industry," said Paul Buchanan, VP, supply chain management. "This pact with MasTec further builds upon Sprint's long-standing commitment to minority businesses and to the Hispanic community."
Jorge Mas, Chairman of the Board of Directors of MasTec, Inc. stated: "MasTec is pleased to once again be chosen as a service provider for Sprint. This new contract gives MasTec the opportunity to broaden our geographic region and continue our long-term working relationship with one of the nation's leaders in communications services."
MasTec is one of the preeminent builders of the information superhighway in North America. MasTec builds, installs and maintains internal and external networks and other communications facilities for leading telecommunications, cable television, Fortune 500 corporations and energy companies. MasTec is publicly traded on the New York Stock Exchange under the symbol MTZ.
Sprint works with more than 100 Hispanic firms annually and works closely with several organizations targeted at increasing Hispanic vendor participation, including the United States Hispanic Chamber of Commerce.
Sprint is a global communications company -- at the forefront of integrating long distance, local and wireless communications services, and one of the largest carriers of Internet traffic. Sprint built and operates the United States' first nationwide all-digital, fiber-optic network and is a leader in advanced data communications services. Sprint has $17 billion in annual revenues and serves more than 17 million business and residential customers.
SOURCE Sprint
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