Latest news with #CommScope
Channel Post MEA
7 days ago
- Business
- Channel Post MEA
CommScope Announces XPND Modular Fiber Termination Platform
CommScope has announced the CommScope XPND fiber termination panel platform for advancing today's FTTH networks. The CommScope XPND platform creates a flexible connectivity interface for active equipment, with a modular design to scale components and capabilities in response to market changes. It provides fiber management, connectivity, and cable handling to support next-generation fiber active technology, protecting outside passive infrastructure investments. The compact panels fit in a standard 19-inch rack alongside active equipment and features an interchangeable system of panels, cassettes, modules and cables that are shipped and sold separately—giving providers the freedom to customize their network upgrade path while minimizing SKUs and inventory costs. 'The core feature of our new CommScope XPND platform is its completely open design. Each empty panel is a blank canvas, ready to be populated with a virtually unlimited combination of interchangeable cassettes and modules, including optical splitters,' stated Erik Gronvall, VP Strategy & Technology, Datacenter, CommScope. 'Service providers can build the network they need with the minimum number of SKUs for the maximum performance and applications. As FTTH buildouts shift to more rural areas it results in smaller scale installs of single rack or outside plant cabinets. Service providers are confronted with spikes in fiber demand, fluctuating budgets and less certainty in planning. The CommScope XPND panel helps service providers adapt to changing demands and grow at their own pace.' Highlights of the CommScope XPND platform: Complete suite of solutions: panels with interchangeable splice cassettes, adapter modules, optical splitters and cables that work together to support virtually any configuration and application. panels with interchangeable splice cassettes, adapter modules, optical splitters and cables that work together to support virtually any configuration and application. Ease of ordering and upscaling : panels are shipped empty, and the cassettes and modules are ordered separately. As networks evolve, customers can add cassettes and modules, mixing and matching as needed, or preserve room for future growth. : panels are shipped empty, and the cassettes and modules are ordered separately. As networks evolve, customers can add cassettes and modules, mixing and matching as needed, or preserve room for future growth. Pay as you go model: offering a more agile, cost-effective path forward, especially for smaller, growing networks. offering a more agile, cost-effective path forward, especially for smaller, growing networks. Minimal real estate cost: panels, which come in a 1RU, 1.5RU or 3 RU size, have a standard depth of just 12 inches and fit in 19-inch racks along with active equipment, not requiring a dedicated frame. 0 0
Business Insider
24-05-2025
- Business
- Business Insider
CommScope weighs sale of broadband unit, Bloomberg reports
14:50 EDT CommScope (COMM) weighs sale of broadband unit, Bloomberg reports Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Business Insider
24-05-2025
- Business
- Business Insider
CommScope also evaluating potential sale, Bloomberg reports
14:53 EDT CommScope (COMM) also evaluating potential sale, Bloomberg reports Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Mint
24-05-2025
- Business
- Mint
CommScope Is Considering Sale of Broadband Arm CCS
(Bloomberg) -- CommScope Holding Co. is exploring a sale of its broadband connectivity and cable arm, according to people with knowledge of the matter, as the network infrastructure firm unloads assets to repay debt. The company is working with an adviser to gauge buyer interest in the business, known as CCS, said the people, who asked not to be identified discussing confidential information. CommScope is looking to fetch as much as $10 billion for CCS and has reached out to private equity firms and industry players, the people said. CommScope is also evaluating alternatives including a potential sale of the whole company, some of the people said, though the company's existing debt load of about $7.4 billion could make that an unlikely outcome. CCS is by far the company's largest division by sales and operating income, filings show. The deliberations are in the early stages and there's no guarantee they'll result in a transaction, the people said. A representative for Claremont, North Carolina-based CommScope declined to comment. CommScope, whose shares have more than quadrupled in the past year, jumped as much as 8.4% Friday, reversing earlier losses in the session. The shares closed up 3.8% to $5.70 in New York, giving the company a market value of about $1.2 billion. After years of struggling with ballooning debt, CommScope has been de-leveraging through refinancings and divestitures. Last year, it agreed to sell its mobile networks businesses to Amphenol Corp. for $2.1 billion in cash, using the proceeds to repay debt. In December, CommScope reached a deal to refinance $4.3 billion in debt with creditors led by Apollo Global Management Inc. and Monarch Alternative Capital. CCS helps internet providers deliver high-speed broadband to homes, businesses and other clients, according to its website. It also provides connectivity products for data centers and the infrastructure for connecting to networks. Data centers are booming thanks to AI demand. The unit had net sales of about $2.8 billion in 2024 and delivered about 67% of the company's net revenue, according to its latest annual report. It also posted $466 million of operating income, up 251% from a year earlier. In 2018, CommScope agreed to buy Arris International Plc for about $7.4 billion, including debt. --With assistance from Maggie Eastland. (Updates with closing share price in fifth paragraph.) More stories like this are available on
Reuters
23-05-2025
- Business
- Reuters
CommScope considers sale of broadband arm for as much as $10 billion, Bloomberg News reports
May 23 (Reuters) - CommScope Holding (COMM.O), opens new tab is exploring the sale of its broadband connectivity and cable solutions (CCS) division, Bloomberg News reported on Friday. The U.S.-based network infrastructure provider has spent years working to lower its debt in the wake of sizable acquisitions and economic challenges during the pandemic that stunted its growth. The company is aiming to secure as much as $10 billion for its CCS division and has reached out to private equity firms and industry players, the report said, citing people with knowledge of the matter. CommScope did not immediately respond to a Reuters request for comment. It is also working with an adviser to gauge buyer interest in the business, the report added. Last year, the company sold its outdoor wireless network and distributed antenna systems businesses to Amphenol (APH.N), opens new tab for $2.1 billion to partially alleviate its debt load. The company is also evaluating other alternatives, including a potential sale of the whole company, with the CCS division being its largest by sales and operating income, according to the Bloomberg report. The discussions are in the early stages, and there is no guarantee that they will result in a transaction, the report said.
