Isolux wins contracts worth US$62.17mn.

MEXICO CITY, Dec 22, 2004 (EFE/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- The Spanish engineering company Isolux has won a series of contracts to extend the mobile telephone network and improve electricity infrastructure in the country. The contracts are worth 46.4 million euros (US$62.17 million), stated the firm.The contracts will reinforce activities of Isolux in Mexico, where it has supplied engineering services for the electricity and telecommunications sectors for the last 20 years. Telcel, the subsidiary of Telefonos de Mexico (Telmex), awarded Isolux the 20-million euro (US$26.8 million) contract to expand its mobile telephone network. The Comision Federal de Electricidad (CFE) also handed the company two projects to improve electricity infrastructure for 16.63 million and 8.81 million euros (US$22.28 million and US$11.80 million) This will involve erecting six electricity transmission lines and six substations.

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