Joseph O'Shea

Joseph O'Shea from Guggenheim Partners asked about specific skill sets or capabilities MasTec might seek to fill for its data center opportunities. He also inquired about the future of wireless infrastructure rip and replace work within the communications segment, asking if it would continue or if the focus would shift primarily to fiber-to-the-home (FTTH) and BEAD in 2027.

Answer

CEO Jose Mas acknowledged that MasTec doesn't self-perform everything for data centers but has a significant self-perform capability, and would consider expanding further if opportunities arise. For communications, he confirmed that MasTec is currently engaged in rip and replace work for a large customer and anticipates more deployments related to new spectrum starting in 2027, maintaining excitement for the wireless sector.

Joseph O'Shea asked about the data center opportunity, specifically if MasTec plans to fill any particular skill sets or capabilities. He also inquired about the communications segment, asking how much wireless infrastructure rip and replace work is expected going forward, and if the focus will primarily shift to FTTH and BEAD in 2027.

Answer

Jose Mas, Chief Executive Officer, acknowledged that MasTec doesn't self-perform every function in data centers but has a significant advantage by doing more than most, and would consider expanding capabilities if opportunities arise. For communications, Mr. Mas confirmed that MasTec is currently engaged in wireless rip and replace for a major customer, with more deployments for new spectrum expected to begin in 2027, and remains optimistic about the wireless sector.