CORAL GABLES, Fla., Feb. 2 /PRNewswire-FirstCall/ -- MasTec, Inc. (NYSE: MTZ) today announced that it has completed the previously announced purchase of substantially all of the assets and operating liabilities of Digital Satellite Services, Inc. ("DSSI"). DSSI also operates under the names of Ron's Digital Satellite and Ron's TV, and is principally involved in the installation of residential and commercial satellite and security services.

As reported earlier, the purchase price is composed primarily of $18.5 million in cash and $7.5 million of MasTec common stock (637,214 shares), based on pricing as of January 27, 2006.

Austin J. Shanfelter, MasTec's President and CEO, stated, "MasTec's recently closed equity offering, which netted the Company approximately $156.4 million, and the acquisition of DSSI continue MasTec's announced plan of recapitalizing for growth and focusing on profitable core businesses. The equity offering positions MasTec with one of the strongest balance sheets in the sector, while the DSSI acquisition expands the Company's profitable install-to-the-home geographical footprint and adds an excellent management team and service technician workforce."

MasTec http://www.mastec.com > is a leading specialty contractor operating throughout the United States and in Canada across a range of industries. The Company's core activities are the building, installation, maintenance and upgrade of communication and utility infrastructure systems.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act. These statements are based on management's current expectations and are subject to a number of risks, uncertainties, and assumptions, including that our revenue and earnings per share may differ from that projected, that we may be impacted by business and economic conditions affecting our customers, the highly competitive nature of our industry, dependence on a limited number of customer, our contracts may be canceled on short notice, restrictions imposed by our credit facility and senior notes, fuel charge increases, as well as other risks detailed in our filings with the Securities and Exchange Commission. Actual results may differ significantly from results expressed or implied in these statements. We do not undertake any obligation to update forward-looking statements.

SOURCE MasTec, Inc.

CONTACT: J. Marc Lewis, Vice President-Investor Relations, MasTec, 1-305-406-1815, fax, +1-305-406-1886, or marc.lewis@mastec.com