Quanta Services Inc. has acquired Mustang Line Contractors Inc., and Okay Construction Company. For fiscal year 2002, the two companies, which serve the electric utility industry, are expected to produce annualized revenues of more than $12 million.

”Mustang and Okay are excellent strategic additions to our strong presence in the electric power industry,’ said John Colson, chief executive officer of Quanta Services. ”Quanta’s strong and consistent performance relative to our peers, even in this difficult economic environment, continues to make us a partner of choice. And, while we remain disciplined on the acquisition front, we are pleased that the number of attractive acquisition opportunities available to us has never been larger.’

Mustang, based in Spokane, WA, installs and maintains high voltage transmission lines. It serves utility customers throughout the western United States

Okay is based in Princeton, MN, and provides construction services for power

distribution systems in Minnesota and Wisconsin.

Quanta Services Inc. is a leading provider of specialized contracting services, delivering end-to-end network solutions for electric power, gas, telecommunications and cable television

industries. The company’s comprehensive services include designing, installing, repairing and maintaining network infrastructure nationwide.