Contact Mikael Andersson, Sales Manager (mikael.andersson@mastec.se) for more information. This didn't apply to me but I thought it was commendable of the company. As of December 2016, Alphabet has acquired over 200 companies, with its largest acquisition being the purchase of Motorola Mobility, a mobile device manufacturing company, for $12.5 billion.Most of the firms acquired by Google are based in the United States, and, in turn, most of these are based in or around the San Francisco Bay Area. Site Acquisition Specialist MasTec Network Solutions December 2017 – Present 1 year 11 months. The Company's corporate website is located at www.mastec.com. CORAL GABLES, Fla., Oct. 31, 2019 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced better than expected third quarter financial results and increased 2019 annual earnings guidance. Jorge Mas, MasTec's Chairman noted, "MasTec is our family's legacy. MasTec Announces Record Third Quarter 2019 Financial Results and Increased Annual Earnings Guidance - Q3 GAAP Diluted Earnings per Share of … CORAL GABLES, Fla., Oct. 31, 2019 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced better than expected third quarter financial results and increased 2019 annual earnings guidance. In March 2019, an International Arbitration Panel determined that RP/RPHI were jointly and severally liable to pay to Pacer the sum of Can$55,775,277.50. Updates to this master solicitation will be identified by a date and revision number. About the survey. GAAP net income increased 8% to $130.1 million, or $1.69 per diluted share, compared to … Jose Mas, MasTec's Chief Executive Officer, commented, "We are very excited about the geographic expansion, increased market penetration and skilled employee base that WesTower adds to our existing wireless operations. MasTec Announces Details of Mas Family Financing Arrangements PR Newswire CORAL GABLES, Fla., Nov. 19, 2019 CORAL GABLES, Fla., Nov. 19, 2019 /PRNewswire/ -- MasTec… Mastec continues to invest 11/6/2019. During the first quarter of 2019, MasTec completed two acquisitions, which included: (i) all of the interests in a company specializing in water management and pipeline systems for the oil and gas market, which is included in the Company’s Oil and Gas segment; and (ii) certain assets and liabilities of a company specializing in the construction and maintenance of cell towers, which is included within the … Given this strong belief in MasTec's future growth potential, it was of the utmost importance for us that the Financings be designed to allow continued participation in potential future share appreciation. They hire people to work in the field that don't have clear background. These statements are based on management's current expectations and are subject to a number of risks, uncertainties, and assumptions, including market conditions, technological developments, regulatory changes or other governmental policy uncertainty that affects us or our customers' industries; the effect on demand for our services of changes in the amount of capital expenditures by our customers due to, among other things, economic conditions, commodity price fluctuations, the availability and cost of financing, and customer consolidation in the industries we serve; activity in the oil and gas, utility and power generation industries and the impact on our customers' expenditure levels caused by fluctuations in prices of oil, natural gas, electricity and other energy sources; our ability to manage projects effectively and in accordance with our estimates, as well as our ability to accurately estimate the costs associated with our fixed price and other contracts, including any material changes in estimates for completion of projects and estimates of the recoverability of change orders; the timing and extent of fluctuations in operational, geographic and weather factors affecting our customers, projects and the industries in which we operate; the highly competitive nature of our industry; the ability of our customers, including our largest customers, to terminate or reduce the amount of work, or in some cases, the prices paid for services, on short or no notice under our contracts, and/or customer disputes related to our performance of services and the resolution of unapproved change orders; our dependence on a limited number of customers and our ability to replace non-recurring projects with new projects; risks related to completed or potential acquisitions, including our ability to identify suitable acquisition or strategic investment opportunities, to integrate acquired businesses within expected timeframes and to achieve the revenue, cost savings and earnings levels from such acquisitions at or above the levels projected, including the risk of potential asset impairment charges and write- downs of goodwill; disputes with, or failures of, our subcontractors to deliver agreed-upon supplies or services in a timely fashion, and the risk of being required to pay our subcontractors even if our customers do not pay us; risks associated with potential environmental issues and other hazards from our operations; risks related to our strategic arrangements, including our equity investees; any exposure resulting from system or information technology interruptions or data security breaches; any material changes in estimates for legal costs or case settlements or adverse determinations on any claim, lawsuit or proceeding; the effect of state and federal regulatory initiatives, including costs of compliance with existing and future safety and environmental requirements; the effect of federal, local, state, foreign or tax legislation and other regulations affecting the industries we serve and related projects and expenditures, including the effect of corporate income tax reform; the adequacy of our insurance, legal and other reserves; the outcome of our plans for future operations, growth and services, including business development efforts, backlog, acquisitions and dispositions; our ability to maintain a workforce based upon current and anticipated workloads; our ability to attract and retain qualified personnel, key management and skilled employees, including from acquired businesses, and our ability to enforce any noncompetition agreements; fluctuations in fuel, maintenance, materials, labor and other costs; risks related to our operations that employ a unionized workforce, including labor availability, productivity and relations, as well as risks associated with multi-employer union pension plans, including underfunding and withdrawal liabilities; risks associated with operating in or expanding into additional international markets, including risks from fluctuations in foreign currencies, foreign labor, general business conditions and risks from failure to comply with laws applicable to our foreign activities and/or governmental policy uncertainty; restrictions imposed by our credit facility, senior notes, and any future loans or securities; our ability to obtain performance and surety bonds; a small number of our existing shareholders have the ability to influence major corporate decisions; risks associated with volatility of our stock price or any dilution or stock price volatility that shareholders may experience in connection with shares we may issue as consideration for earn-out obligations or as purchase consideration in connection with past or future acquisitions, or as a result of other stock issuances; as well as other risks detailed in our filings with the Securities and Exchange Commission. 443 MasTec reviews. Management will hold a conference call to discuss this transaction on Tuesday, October 21, 2014 at 9:00 a.m. Eastern time. The company completed two acquisitions during first-quarter 2019. We are also dedicated to bringing MLS Soccer to South Florida (InterMiami CF) and the creation of Miami Freedom Park as an iconic destination for fans, tourists and residents alike. Inorganic Moves to Bolster Footprint: MasTec rides high on solid acquisition strategy. If you made a bad decision when you were younger, MasTec will give you a second chance. The Financings provide the Mas Brothers the ability to receive cash now, while retaining full ownership and voting rights during the three-year initial term. During the first six months of 2019, it completed three acquisitions, one in … MASTEC, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited - in thousands, except per share amounts) For the Three Months Ended September 30, For the Nine Months Ended September 30, 2020 2019 2020 2019 Revenue $ 1,698,279 $ 2,016,618 $ 4,684,180 $ 5,473,965 “ [This acquisition] uniquely positions MasTec as a true end-to-end provider of wireless services. Pensare Acquisition Corp. is a special purpose acquisition company that went public on Nasdaq in July 2017 and was formed for the purpose of effecting a merger, acquisition … ET. MasTec is a sectoral growth story, based mostly around the 5G rollout and pipelines from shale formations. Fourth quarter 2019 revenue was $1.7 billion, compared to … MasTec Announces Record Third Quarter 2019 Financial Results and Increased Annual Earnings Guidance - Q3 GAAP Diluted Earnings per Share of … MasTec, Inc. is a leading infrastructure construction company operating mainly throughout North America across a range of industries. MasTec's customers are primarily in these industries. Furthermore, the Mas Brothers can retain ownership of these shares at the end of the three-year term by settling the Financings with cash. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mastec-expands-wireless-operation-with-acquisition-of-westower-communications-inc-860460601.html, J. Marc Lewis, Vice President-Investor Relations, 305-406-1815, 305-406-1886 fax, marc.lewis@mastec.com. As of Mar 31, 2019, ... Strategic Acquisitions, Upbeat Views: MasTec rides high on solid acquisition strategy. MasTec Inc Q3 2019 Earnings Call Nov 1, 2019, 9:00 a.m. Deals involving U.S. targets totaled over $1.7 trillion, compared to approximately $1.5 trillion in […] Sales were up 19%, to $1.16 billion, which more than doubled the anticipated 9% growth rate among those following the … MasTec has acquired 26 companies.. MasTec’s largest acquisition to date was in 2008, when it acquired Wanzek Construction for $200M.MasTec has acquired in 14 different US states, and 4 countries. Updated Dec 19, 2019 MTZ MasTec Inc MasTec Announces Significant Revision and Enhancement to Nsoro Acquisition Earn-out Terms We are in a unique position to improve WesTower's post-acquisition operating results and working capital efficiency, and expect to expand margins, reduce working capital requirements and grow the combined business with multiple customers.". Actual results may differ significantly from results expressed or implied in these statements. Karen Douglass Site Acquisition Manager CRAN at MasTec Network Solutions Maylene, Alabama Telecommunications Acquisition search results. Through the acquisition, Mastec added 600 engineers located both domestically and abroad. Pensare Acquisition Corp. is a special purpose acquisition company that went public on Nasdaq in July 2017 and was formed for the purpose of effecting a merger, acquisition … The Company's primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy and utility and other infrastructure, such as: wireless, wireline/fiber, and customer fulfillment activities; petroleum and natural gas pipeline infrastructure; electrical utility transmission and distribution; power generation; heavy civil, and industrial infrastructure. Actual results may differ significantly from results expressed or implied in these statements. George Pita, MasTec's Chief Financial Officer, commented, "We believe that once WesTower's operations are integrated into MasTec billing systems and processes, we will be able to substantially reduce overall working capital levels in these operations by as much as 20%. CORAL GABLES, Fla., Feb. 27, 2020 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced strong 2019 fourth quarter and full year financial results and issued its initial 2020 guidance expectation. CORAL GABLES, Fla., Oct. 31, 2019 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced better than expected third quarter financial results and increased 2019 annual earnings guidance. Itasca, IL. Strategic Acquisitions, Upbeat Views: MasTec rides high on solid acquisition strategy. CORAL GABLES, Fla., Oct. 31, 2019 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced better than expected third quarter financial results and increased 2019 annual earnings guidance. http://www.prnewswire.com/news-releases/mastec-expands-wireless-operation-with-acquisition-of-westower-communications-inc-860460601.html. The IT Industry Awards panel voted Mastek the number one IT vendor for 2019. As a whole, 2018 proved to be another strong year for M&A. These websites operate independently from MasTec and may have their own privacy statements in place, which we strongly suggest you review if you visit any linked websites. About Mike McRitchie. MasTec Acquisition of Pacer Construction and Subsequent Pursuit/Recovery of Purchase Funds. The Financings allow the Mas Brothers to retain an interest in a possible increase in the shares' value over the three-year term and provide protection against a potential decline in value of MasTec shares during that same period. CORAL GABLES, Fla., Oct. 20, 2014 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it has acquired WesTower Communications, Inc.  ("WesTower"), a U.S. subsidiary of Exchange Income Corporation (TSX:EIF). The replay will be available for 30 days. We do not undertake any obligation to update forward-looking statements. In the transaction, MasTec acquired all of the issued and outstanding equity interests of WesTower for a one-time payment of approximately $199 million in cash, subject to customary purchase price adjustments. MasTec's customers are primarily in these industries. My brother and I are committed to MasTec's growth and success, and our significant ownership maintains our strong alignment with the interests of our shareholders.". Leading specialty contractor engineers, designs and constructs infrastructures for electric power generation and transmission, oil and natural gas pipelines, renewable energy facilities and wireless networks. After the two other sellers had repaid their proportionate share to MasTec, RP/RPHI remained liable to Pacer for the amount of some Can$34 million. The Mas Brothers could also seek to extend the Financings beyond the initial term. MTZ MasTec Inc MasTec Announces Significant Revision and Enhancement to Nsoro Acquisition Earn-out Terms. In the transaction, MasTec acquired all of the issued and outstanding equity interests of WesTower for a one-time payment of approximately $199 million in cash, subject to … Updated Dec 19, 2019 Jose Mas, CEO of MasTec, has led the Company since April of 2007. CORAL GABLES, Fla., May 2, 2019 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced higher than expected first quarter financial results, record backlog, and increased 2019 guidance. Handle site issues pre and post construction. These are challenges which MasTec faced and overcame in our existing wireless operations through the development of our processes and systems, which we believe to be a competitive advantage. Today more than ever I believe in its future and my brother and I are committed to a path that delivers value and growth for our team members and shareholders. This didn't apply to me but I thought it was commendable of the company. We anticipate that this transaction, exclusive of merger integration costs, will be accretive to 2015 diluted earnings per share in the range of $0.05- $0.10. CORAL GABLES, Fla., Oct. 31, 2019 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced better than expected third quarter financial results and increased 2019 annual earnings guidance. Third quarter 2019 revenue was $2.02 billion, compared with $1.98 billion for the same period last year. June 13, 2019: MasTec Network Solutions posted an article on LinkedIn 2 Likes Meet Mastec Network Solutions face-to-face and learn about our job opportunities at Miami All Veterans Job Fair on Thursday March 12, 2015 in North Miami, FL. Total deal volume reached almost $4.2 trillion globally, higher than the $3.7 trillion volume of 2017, but still less than the record of over $5 trillion set in 2015. The official website of the Federal Trade Commission, protecting America’s consumers for over 100 years. Safety is a mindset and an attitude that all MasTec employees carry with them on a daily basis. We do not undertake any obligation to update forward-looking statements. MasTec, Inc. is a leading infrastructure construction company operating mainly throughout North America across a range of industries. WesTower currently provides services to a number of major wireless carriers through 16 regional operating offices located throughout the Eastern, Central and Western United States, and currently has approximately 1,600 employees. A free inside look at company reviews and salaries posted anonymously by employees. REVISION 54 (MARCH 5, 2019) PART I - Instructions to Suppliers for the Submission of Quotations and Automated Evaluation 1. MasTec Network Solutions Project Manager, Site Acquisition Reviews. Additionally, the call will be broadcast live over the Internet and can be accessed and replayed through the Investors section of the Company's website at www.mastec.com. The Company's website should be considered as a recognized channel of distribution, and the Company may periodically post important, or supplemental, information regarding contracts, awards or other related news and webcasts on the Events & Presentations page in the Investors section therein. ... regulation and acquisition policies and procedures. MasTec's first-quarter results lived up to high expectations. … CORAL GABLES, Fla., Nov. 19, 2019 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that Jorge Mas, Chairman, and Jose Mas, Chief Executive Officer (together with certain family partnerships and trusts, the "Mas Brothers"), have entered into financing arrangements (the "Financings") involving prepaid variable forward contracts  with respect to  MasTec common stock, as described in more detail in various filings with the Securities and Exchange Commission ("SEC") on or about the date of this press release. Form 10-Q filed by Mastec Inc with the security and exchange commission. MasTec, Inc.’s MTZ Precision Pipeline, LLC or PPL unit has received a contract for the Keystone XL Pipeline construction in Montana and South Dakota. MasTec is a good company to work for if you are looking for a second chance. In a report published Wednesday, Wunderlich Securities analyst Jason A. Wangler reiterated a Buy rating and $35.00 price target on MasTec (NYSE: MTZ). These statements are based on management's current expectations and are subject to a number of risks, uncertainties, and assumptions, including the effect of economic downturns on demand for our services, reduced capital expenditures by our customers, reduced financing availability, customer consolidation and technological and regulatory changes in the industries we serve; market conditions, technological developments and regulatory changes that affect us or our customers' industries; trends in electricity, oil, natural gas and other energy source prices; our ability to accurately estimate the costs associated with our fixed price and other contracts, including any material changes in estimates for completion of projects, and performance on such projects; customer disputes related to our performance of services; disputes with, or failures of, our subcontractors to deliver agreed-upon supplies or services in a timely fashion; any material changes in estimates for legal costs or case settlements or adverse determinations on any claim, lawsuit or proceeding; our ability to replace non-recurring projects with new projects; the timing and extent of fluctuations in geographic, weather, equipment and operational factors affecting the industries in which we operate; our ability to attract and retain qualified personnel, key management and skilled employees, including from acquired businesses, and our ability to enforce any noncompetition agreements, integrate acquired businesses within expected timeframes and achieve the revenue, cost savings and earnings levels from such acquisitions at or above the levels projected; any exposure related to divested businesses; any exposure resulting from system or information technology interruptions or data security breaches; the impact of U.S. federal, local or state tax legislation and other regulations affecting renewable energy, electricity prices, electrical transmission, oil and gas production, broadband and related projects and expenditures; the effect of state and federal regulatory initiatives, including costs of compliance with existing and future environmental requirements; increases in fuel, maintenance, materials, labor and other costs; fluctuations in foreign currencies; risks associated with operating in international markets, which could restrict our ability to expand globally and harm our business and prospects or any failure to comply with laws applicable to our foreign activities; the highly competitive nature of our industry; our dependence on a limited number of customers; the ability of our customers, including our largest customers, to terminate or reduce the amount of work, or in some cases, the prices paid for services on short or no notice under our contracts; the impact of any unionized workforce on our operations, including labor availability and relations; liabilities associated with multi-employer pension plans, including underfunding and withdrawal liabilities, for our operations that employ unionized workers; the adequacy of our insurance, legal and other reserves and allowances for doubtful accounts; the collectability of amounts owed us by our customers; restrictions imposed by our credit facility, senior notes, convertible notes and any future loans or securities; our ability to obtain performance and surety bonds; the outcome of our plans for future operations, growth and services, including business development efforts and cost reduction measures, backlog, acquisitions and dispositions; any dilution or stock price volatility that shareholders may experience in connection with shares we may issue as consideration for earn-out obligations or as purchase consideration in connection with past or future acquisitions, or as a result of conversions of convertible notes or other stock issuances; liabilities associated with our participation in joint ventures and other losses associated with non-consolidated investees; our ability to settle conversions of our convertible notes in cash due to contractual restrictions, including those contained in our credit facility, and the availability of cash; as well as other risks detailed in our filings with the Securities and Exchange Commission. 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