US20337X1090 - Common Stock
COMMSCOPE HOLDING CO INC
NASDAQ:COMM (12/20/2024, 8:03:35 PM)
After market: 5.5 -0.08 (-1.43%)5.58
-0.12 (-2.11%)
CommScope Holding Co., Inc. engages in the provision of infrastructure solutions for communications networks. The company is headquartered in Claremont, North Carolina and currently employs 20,000 full-time employees. The company went IPO on 2013-10-25. Its solutions for wired and wireless networks enable service providers to deliver media, voice, Internet Protocol (IP) data services and Wi-Fi to their subscribers and allow enterprises to experience wireless and wired connectivity across networking environments. Its segments include Connectivity and Cable Solutions (CCS), Networking, Intelligent Cellular and Security Solutions (NICS), and Access Network Solutions (ANS). CCS segment provides fiber optic and copper connectivity and cable solutions for use in telecommunications, cable television, residential broadband networks, data centers and business enterprises. NICS segment provides wireless networks for enterprises and service providers. ANS segment's product solutions include cable modem termination systems, video infrastructure, distribution and transmission equipment and cloud solutions.
COMMSCOPE HOLDING CO INC
3642 E. Us Highway 70
Claremont NORTH CAROLINA 28602
P: 18284595000
CEO: Charles L. Treadway
Employees: 20000
Website: https://ir.commscope.com/
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Telecommunications infrastructure firm CommScope Holding Co. reached a deal with a group of creditors led by Apollo Global Management and Monarch Alternative Capital to refinance $4.3 billion of debt coming due by 2026, the company said in a press release on Tuesday.
Some CommScope Holding Co. creditors have entered into confidential talks with the telecommunications infrastructure firm on a potential extension of debt maturities, according to people familiar with the situation.
CommScope Holding Co. has failed to reach an agreement with a group of its creditors as it continues to talk with other investors to refinance its bonds. Shares dropped as much as 47% in premarket trading in New York after the telecommunications infrastructure company missed estimates.
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