TESSCO Technologies Selected by MasTec as Key Strategic Partner

HUNT VALLEY, Md.–TESSCO Technologies Incorporated (NASDAQ: TESS) and MasTec Network Solutions, LLC, a subsidiary of MasTec (NYSE: MTZ), have finalized an agreement for Tessco to provide wireless products and supply chain management solutions to MasTec. Under the multi-year agreement, Tessco will implement its expertise in the areas of demand planning, standardization, site kitting and configuration, inventory and warehouse management, online account management, automation, optimized logistics, and just-in-time delivery.

MasTec is well positioned to benefit from future densification efforts associated with the 5G deployments as well as FirstNet, a federal government funded program in which AT&T will build, deploy and maintain a nationwide public safety broadband network to be used by America’s first responders.

“This award is the culmination of many months of strategic discussions between Tessco and MasTec,” said Charles Kriete, Tessco’s Senior Vice President of Commercial Sales and Product Management. “This award is further confirmation that Tessco is a major player in the world of wireless infrastructure builds. We are more committed than ever to serve great partners like MasTec with exceptional service. We look forward to a long-lasting and mutually beneficial relationship.”