US20337X1090 - Common Stock
COMMSCOPE HOLDING CO INC
NASDAQ:COMM (11/7/2024, 3:20:05 PM)
5.225
-1.73 (-24.82%)
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 segments include Connectivity and Cable Solutions (CCS), Outdoor Wireless Networks (OWN), Networking, Intelligent Cellular and Security Solutions (NICS), and Access Network Solutions (ANS). The 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. The OWN segment includes base station antennas, radio frequency filters, tower connectivity, microwave antennas, metro cell products, cabinets, steel, accessories and the wireless spectrum management business, Comsearch. The NICS segment provides wireless networks for enterprises and service providers. The 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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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.
Amphenol Corp., a maker of equipment including cable, sensors and antennas, is planning to sell investment-grade bonds Monday to help pay for the company’s acquisition of CommScope Holding Co.’s outdoor wireless networks and distributed antenna systems.
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