Cable & Telecom

MasTec improves

CORAL GABLES, Fla. – Contractor MasTec, Inc. announced Wednesday that for the year ended December 31, 2005, income from continuing operations was US$18.6 million, on revenue of $848 million. This compares with a loss from continuing operations of $17.7 million on revenue of $807.2 million for 2004. However, including discontinued operations, the total net loss for 2005 was $14.6 million, compared with a loss of $49.4 million in the prior year (all funds in US dollars). For the quarter ended December 31, 2005, income from continuing operations was $8.1 million on revenue of $223.4 million. This compares with a loss...