MIAMI-MasTec Inc. announced it has formed a business segment that will be devoted to acquiring, developing and operating telecommunications systems in Latin American markets.
The new business segment will operate through LatLink Corp., a new wholly owned subsidiary, and will seek opportunities through equity investments and strategic alliances in several related telecommunications fields including cellular and personal communications services, MasTec said.
The company said creating the new segment furthers MasTec’s long-term strategy to expand into Latin American markets as a telecom and cable operator.
