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Technology Stocks : MasTec, Inc. (MTZ) -- Ignore unavailable to you. Want to Upgrade?

To: jas cooper who wrote (1121)	12/15/1999 10:52:00 AM
From: jas cooper	Read Replies (1) \| Respond to of 1126

Oh Boy! December 15, 1999 MASTEC ANNOUNCES AGREEMENT WITH LUCENT TECHNOLOGIES TO BUILD BROADBAND NETWORKS FOR CABLE INDUSTRY MIAMI, FL (December 15, 1999) - MasTec, Inc. (NYSE: MTZ) and Lucent Technologies (NYSE: LU) announced today that they will work together to provide comprehensive broadband infrastructure solutions to the cable television industry throughout the U.S. Under the agreement, Lucent NetCare(R) Professional Services brings its expertise in design, management and monitoring of networks. MasTec Broadband Services brings its expertise in providing infrastructure services for those networks. "Service providers are increasingly demanding comprehensive solutions for their growing broadband needs, expertise that Lucent brings so they can focus on their core business," said Bud Dowdy, director-broadband services division, NetCare(R) Professional Services at Lucent. "And now by teaming with MasTec, we join the leading end to end communication network infrastructure provider to build those networks as part of a full-spectrum solution." Joel-Tomas Citron, MasTec's president and CEO said: "Our teaming with Lucent furthers our strategy of partnering with other key communications infrastructure providers to provide a complete package for our customers. As telephony and cable television converge and operators work to upgrade their systems, our alliance will be ready to provide the products and services these customers need to complete their projects quickly and efficiently." Lucent Technologies designs, builds and delivers a wide range of public and private networks, communications systems and software, data networking systems, business telephone systems and microelectronics components. Bell Laboratories is the research and development arm of the company. For more information about Lucent Technologies, headquartered at Murray Hill, N.J., visit the company's Web site at . MasTec is the largest end-to-end communications and energy infrastructure service provider in North America. MasTec designs, builds, installs and maintains internal and external networks supporting the Internet, Internet-related applications, and other communications and energy facilities for leading telecommunications, cable television, energy and Fortune 500 companies. ------------------------------------------------------ This service provided by Shareholder Direct. Additional Information: mastec.com