TESSCO Technologies Selected by MasTec as Key Strategic Partner
January 23 2018 - 4:05PM
Business Wire
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.”
About Tessco
TESSCO Technologies, Inc. (NASDAQ: TESS) is a value-added
technology distributor, manufacturer, and solutions provider
serving commercial and retail customers in the wireless
infrastructure and mobile device accessories markets. The company
was founded more than 30 years ago with a commitment to deliver
industry-leading products, knowledge, solutions, and customer
service. Tessco supplies more than 50,000 products from 400 of the
industry’s top manufacturers in mobile communications, Wi-Fi,
Internet of Things (“IoT”), wireless backhaul, and more. Tessco is
a single source for outstanding customer experience, expert
knowledge, and complete end-to-end solutions for the wireless
industry.
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version on businesswire.com: http://www.businesswire.com/news/home/20180123006466/en/
TESSCO Technologies IncorporatedAric Spitulnik,
410-229-1419Chief Financial Officerspitulnik@tessco.comorSharon
Merrill AssociatesDavid Calusdian,
617-542-5300TESS@investorrelations.com
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