Showing posts with label CommScope. Show all posts
Showing posts with label CommScope. Show all posts

Monday, June 7, 2021

CommScope updates fiber outside plant terminals/closures

CommScope introduced a portfolio of outside plant terminals and closures for fiber networks. 

The new NOVUX line leverages a flexible, modular, and backwards-compatible architecture that allows operators to adapt and scale to a wide variety of field applications. NOVUX simplifies fiber deployment by allowing operators to use 75% fewer components than existing solutions while delivering fifty times the number of configurations available today. The system is designed with sustainable practices for packaging, labeling, and installation equipment, and it features class-leading innovations like CommScope’s Octopus sealing gel, which offers protection in harsh environments while allowing easy access for upgrades and regular maintenance.

"Our NOVUX portfolio is all about giving our operator customers the highest degree of agility and flexibility in their growing fiber deployments,” said James DeCoe, vice president, Network Connectivity, CommScope. “The new NOVUX range allows operators to maximize their network and respond quickly to changing market conditions and high-volume demand. These solutions deliver unprecedented ease of installation today, with the flexibility to ensure that the network meets tomorrow’s needs. Furthermore, CommScope offers our customers the security of a dedicated, agile global supply chain built on common platform designs and processes.”


http://www.commscope.com


Thursday, April 8, 2021

CommScope to spin-off its home networks business

CommScope announced plans to spin-off its Home Networks business and other initiatives to reduce operating costs throughout the Company. 

Upon completion of the separation, Joe Chow, Home Networks senior vice president, will become the chief executive officer of the stand-alone Home Networks company. The Board of Directors, management, company name and headquarters will be announced after they are finalized. The new, independent company is expected to be listed on the NASDAQ stock exchange upon completion of the separation.

CommScope said the spinoff will improve its own margins while allowing the new company to pursue its own strategic market opportunities.

Following the completion of the spin-off transaction, CommScope will be composed of the following three business segments:

  • Broadband Networks: Dedicated to serving the telco and cable provider broadband market as a leading equipment manufacturer. The segment is focused on growing its current portfolio and deployment of DAA and virtualized platforms and driving investments to expand fiber capacity, fiber connectivity and network orchestration.
  • Venue and Campus Networks: Targeting both public and private networks for campuses, venues, data centers, and buildings. Venue and Campus Networks is focused on driving performance in its RUCKUS Wi-Fi 6 and cloud control platforms, ONECELL features to capitalize on 5G growth and virtualization, and driving high-density expansion in data centers.
  • Outdoor Wireless Networks: Focused on the Macro and Metro Cell businesses and building metro cell power solutions and modularity design innovation. The segment is also working on the development of new technologies in cell site connectivity and other technologies to support telco carriers building their 4G and 5G networks.

“Since I joined CommScope last October, the Board and management team have been undertaking a comprehensive review of our portfolio of assets and how each contributes to our long-term growth strategy,” said Chuck Treadway, president and chief executive officer. “As we proceeded with this review, it became clear that the Home Networks business’ distinct strategy, growth characteristics, investment requirements and returns on invested capital are not aligned with the rest of our portfolio. We believe that Home Networks will be better positioned to deliver superior home and consumer-oriented products as an independent company. In addition, we are moving quickly to streamline costs to create greater financial flexibility to invest in our growth. We expect the cost reduction actions we are taking in core CommScope to, at a minimum, offset Home Networks’ adjusted EBITDA and create savings we can reinvest in our business, which should result in post-spin leverage within core CommScope at no more than current levels.”

https://ir.commscope.com

Tuesday, April 6, 2021

CommScope offers Wi-Fi 6 APs for hotels, MDUs, open spaces

CommScope expanded its Wi-Fi 6 access point (AP) portfolio with new indoor RUCKUS H550 and outdoor RUCKUS T350 models designed for the hospitality industry and MDUs. 

The H550 AP powers the hyper-connected room, enabling hotel, apartment, dormitory and other multi-dwelling unit (MDU) owners and operators. It can be hidden discretely behind or next to cabinets, desks or televisions, providing PoE pass-through for VoIP phones and TVoIP.

The T350 AP delivers high-performance outdoor connectivity in a compact form factor, enabling it to meet the aesthetic requirements of smart spaces, community Wi-Fi installations, airports and other large public venues. In addition to built-in IoT capabilities the T350 includes a USB port to support additional wireless protocols. The T350 is built to handle the harshest outdoor conditions, including extreme temperatures, humidity, wind, salt and fog.

The new APs, like all other RUCKUS APs and switches, serve as data sources for the artificial intelligence (AI)- and machine learning (ML)-powered network analytics capabilities available in RUCKUS Analytics, for use in networks managed by RUCKUS Cloud and SmartZoneOS-based network controllers.

SmartZoneOS powers a family of high-scale physical and virtual network controllers for use by service providers and large enterprises to manage wired and wireless networks. New enhancements to SmartZoneOS include:

  • Interoperability with Google’s Orion Wifi, which enables network operators to participate in the global cellular offload market;
  • Native integration of Hotspot 2.0 (including Release 3) and RadSec, which simplifies OpenRoaming operations for service providers, enhances subscriber, guest and visitor convenience and opens new opportunities for roaming-driven revenue;
  • A re-architected user interface that improves administrator experience through easy navigability, new search and “favorites” functionality, and faster response time; and
  • Social login functionality, which makes it easier than ever for operators to facilitate a positive guest experience, and an enhanced captive portal that simplifies operations for administrators.


Monday, February 22, 2021

CommScope supplies 10G-EPON Remote OLT for Japan's J:COM

Jupiter Telecommunications (J:COM), Japan’s leading cable broadband and multi channels video provider, has selected CommScope's XE4202 10G-EPON Remote OLT fiber node module to deliver 10Gbps broadband to residential and business broadband customers in Japan’s highly-competitive Kansai region.

CommScope says the deployment of 10G EPON with Remote OLT allows J:COM to leverage its existing hybrid fiber coaxial (HFC) network and fiber nodes to offer 10G EPON which enables groundbreaking 10Gbps symmetrical speeds using CommScope’s NC4000 Optical Node and CH3000 Headend Optics Platform.

CommScope’s unique combination of headend, node, and optics solutions paves the way to further strengthen J:COM’s HFC and Fiber-to-the-Home (FTTH) networks. The capability to support 10G EPON along with fiber deep upgrades allows J:COM to take immediate advantage of broadband spectrum expansions, virtualized and distributed access architectures, and to reduce capital and operating expenditures. The remote OLT system will also enable the use of centralized network management that can be located in the data center.

“This milestone deployment highlights the strength of our partnership with J:COM as well as our focus on Japan as a priority growth market,” said Morgan Kurk, executive vice president, chief technology officer and segment leader, Broadband Networks at CommScope. “J:COM’s ‘network of the future’ showcases our portfolio’s versatility in facilitating the migration to FTTH, providing more network capacity and reliability for end users. Together, we’re delivering the fastest speeds and the most advanced broadband services for millions of consumers across Japan.”

“J:COM is offering the ‘J:COM NET Hikari 10G Course /Hikari 5G Course /Hikari 1G Course’ ultra-high speed data service to Kansai area to meet the growing needs in high-speed, large capacity communication due to video consumption and the growth of IoT in home devices,” said Shigenari Saito, managing corporate officer and GM of Technology Unit, J:COM. “Working with our trusted partner CommScope on delivering a high performance and high quality network, we aspire to continue to provide valued services that would resonate with our customers.”

Thursday, January 28, 2021

CommScope's Wi-Fi gear clears NSA security vetting

CommScope announced that its RUCKUS SmartZone controllers and RUCKUS access points have cleared the National Security Agency/Central Security Service (NSA/CSS) vetting process and are now available on the Commercial Solutions for Classified (CSfC) Programs list.

NSA/CSS's CSfC Program was established to enable commercial products to be used in layered solutions protecting classified National Security Systems (NSS) data. This gives the government the ability to securely communicate based on commercial standards. The evaluation was carried out in accordance with the Common Criteria Evaluation and Validation Scheme (CCEVS) requirements and guidance.

“The protection of government information – especially NSS data – is critical to the national security of the United States,” said Chris Collura, vice president, Federal business for CommScope. “CommScope’s wired and wireless networking products meet the stringent standards required to work within a government network. We made strategic investments in our wireless controllers and access points to meet the NSA/CSS’s CSfC Program requirements.”

Tuesday, January 5, 2021

CommScope launches GPON gateway with Wi-Fi 6

CommScope expanded its Wi-Fi 6 home network gateway portfolio with the release of a GPON Wi-Fi 6 residential gateway.

The NVG578LX GPON home network gateway offers:

  • One 2.5G Ethernet WAN/LAN port, three 1G Ethernet LAN ports
  • Dual-band Wi-Fi 6
  • 2.4 GHz 3x3 802.11ax
  • 5 GHz 4x4 802.11ax

“With more of us working and learning from home, consumers are demanding faster speeds and improved Wi-Fi performance,” said German Iaryczower, Senior Vice President, Broadband Home Solutions, CommScope. “This high performance Wi-Fi 6 residential gateway gives service providers a cost-effective solution to deliver the in-home connectivity experience their customers need.”

http://www.commscope.com

Monday, December 14, 2020

CommScope readies 204MHz digital return transceiver

CommScope is shipping a 204MHz digital return transceiver, enabling operators to deploy a high split in their upstream band and deliver new gigabit speeds. 

The digital return solution is comprised of the CommScope DT4600N node transmitter and DR3600N headend receiver. Together, they establish an optical link that delivers consistent performance across all link distances between CommScope’s widely deployed NC4000, NC2000 and OM41x0 node platforms and its CH3000 headend optics platform.

CommScope said its 204MHz digital return technology extends its unique “multiple-mode“ philosophy, providing operators with a seamless upgrade path from mid-split (85MHz) to high-split mode and either a single- (“1-fer”) or dual-return (“2-fer”) operation on a single wavelength; a single model supports multiple bandwidths and single/two-return operation with a simple “push-button” to switch between modes, facilitating a smooth network evolution.

“Our new 204MHz digital return is the first of its kind, and one of the most highly anticipated solutions to support upstream bandwidth expansion,” said Guy Sucharczuk, senior vice president, Access Technologies, Broadband Networks, CommScope. “With a high-split network, operators can address the tremendous bandwidth demands and the need for 1 Gbps upstream speed to meet the new global environment head-on. The new DT4600N and DR3600N build on CommScope’s proven digital return platform, offering operators a simple path to additional capacity and their network of the future.” 

http://www.commscope.com

Thursday, November 5, 2020

CommScope reports Q3 sales of $2.168 billion, down 8.9% yoy


CommScope reported net sales of $2.168 billion up 3% the preceding quarter but down 8.9% from a year earlier. Net sales declined primarily due to year over year decreases in the Home Networks and Outdoor Wireless Networks segments.

CommScope generated a net loss of $(116.3) million, or $(0.66) per basic share, in the third quarter, compared to the prior year period's net loss of $(156.5) million, or $(0.88) per basic share. Non-GAAP adjusted net income for the third quarter of 2020 was $123.1 million, or $0.51 per diluted share, versus $126.9 million, or $0.55 per diluted share, in the third quarter of 2019.

“Since joining CommScope in October, I have been impressed by the team’s relentless focus on executing against our strategic objectives and delivering for our customers around the world,” said Chuck Treadway, president and chief executive officer. “Communication networks are essential to our economies, education system and for keeping us connected on a personal level. I couldn’t be happier to be a part of a company providing such critical network connectivity.


“As we look ahead, the Board and management team are focused on growing our business and creating long-term, profitable growth through a combination of investment opportunities and cost-cutting measures. While there remains much to do, we are confident in our ability to deliver enhanced profitability and unlock even greater value for CommScope and our shareholders. I am excited for CommScope to continue to play a critical role in advancing the 5G and 10G revolutions and shaping our global networks, today and in the future.” 

Monday, October 19, 2020

CommScope acquires virtual RAN patents from Phluido

CommScope has acquired the complete patent portfolio for virtual radio access networks (vRAN) of Phluido, a privately-held company based in San Diego. These patents address key concepts introduced in both 5G and O-RAN radio access networks, including efficient fronthaul transport, virtualization, and network synchronization. Financial terms were not disclosed.

“We believe the acquisition of this intellectual property, combined with our ONECELL patent portfolio, further solidifies CommScope’s position as innovative indoor RAN provider,” said Matt Melester, chief technology officer for CommScope’s Venue and Campus Networks and Outdoor Wireless Networks businesses. “Both Phluido and our ONECELL platform introduced new concepts in 4G which are now key components in 5G architectures.”




Monday, October 12, 2020

CommScope pushes its vision for 10G cable services

 At this year's virtual SCTE event, CommScope plans to demonstrate its vision for 10G, virtualization, the access network and the connected home. 

Specifically, CommScope will be demonstrating its Virtual Headend Portfolio, which includes solutions for virtualizing the four primary planes of modern operator networks: data, video, control, and management. CommScope is adding a new range of Distributed Access Architecture (DAA) solutions to its portfolio, pushing physical processing to the fiber node. New products include more powerful node-based Remote PHY and Remote MACPHY devices. In addition, CommScope’s Fixed Wireless Access (FWA) demonstrations will show the technology’s ability to unlock the potential of 5G to compete with fixed-line services in urban and sub-urban areas.

CommScope said its vision for 10G extends throughout the connected home of the future. Ziply Fiber recently selected CommScope X5 Wi-Fi 6 extenders to enhance its wireless presence in their subscribers’ homes. The company also announced several recent additions to its extensive portfolio of DOCSIS 3.1 and Wi-Fi 6 modems and gateways.  CommScope experts will also be supporting the recently announced Wi-Fi 6E standard for delivering the next-generation of low-latency, deterministic wireless experiences for video, gaming, augmented and virtual reality, and more.

“SCTE is very different this year, but the theme of improving network capacity and speed in both the downlink and uplink is familiar and one that we’re building into important advances throughout our portfolio and in operator networks around the world,” said Morgan Kurk, CTO, CommScope. “At this year’s show, we’re demonstrating our vision for tomorrow’s cable networks—both wired and wireless, throughout the home and beyond. Our updated end-to-end portfolio is a testament to our focus on providing customers with unmatched choice as they make some of the biggest evolutionary leaps in their access and home networks.”

Thursday, October 1, 2020

CommScope appoints Charles Treadway as CEO

CommScope appointed Charles “Chuck” Treadway as its new president and CEO, replacing Eddie Edwards, who is stepping down after 15 years of service to the company. 

Most recently, Mr. Treadway served as CEO of Accudyne Industries, where he drove significant revenue growth and margin expansion with strategic focus, product innovation, improved sales and marketing efforts, and disciplined execution.

CommScope also announced that Frank M. Drendel, in recognition of his unique status and distinguished service to CommScope, has been named Chairman Emeritus. Mr. Drendel founded CommScope in 1976 and has served continuously as its CEO and/or Chairman of the Board since. In those capacities, Mr. Drendel has advanced the evolution of CommScope from a small coaxial cable business established at his kitchen table into the diversified, global communications infrastructure business that it is today.

. Drendel will remain on the Board and is succeeded as Chairman by Bud Watts, who most recently served as the Board’s Lead Independent Director. 



Monday, August 10, 2020

CommScope sues Rosenberger for antenna patent infringement

CommScope filed a patent infringement lawsuit in the U.S. District Court for the District of Delaware against Rosenberger Site Solutions LLC and two related Chinese companies, Rosenberger Asia Pacific Electronic Co., Ltd. and Rosenberger Technology (Kunshan) Co. Ltd.

The complaint asserts that certain cellular base station antennas manufactured in China by Rosenberger and sold in the United States, infringe seven of CommScope’s patents associated with CommScope’s base station antenna innovations. These CommScope patents relate to critical building blocks and enhanced methods used to design a wide array of base station antennas for bands ranging from 600MHz to over 2000MHz. These key technologies enable CommScope’s customers to buildout high performance multi-band cellular networks.

CommScope notes that this is the second lawsuit CommScope has filed against Rosenberger relating to its use of CommScope’s base station antenna technology.

“CommScope innovates, designs, manufactures, and sells best-in-class products and solutions around the world,” said Farid Firouzbakht, senior vice president and segment leader of Outdoor Wireless Networks for CommScope. “CommScope has taken this action to protect the company’s significant investments in developing innovative products that help our customers unlock the potential of their network infrastructure.”

Sunday, August 9, 2020

CommScope intros cabinet optimized for RF-over-Glass (RFoG)

CommScope introduced its FDH3000 AgileMax Cabinet for RF-over-Glass (RFoG) deployments.

The new field combines CommScope’s AgileMax active optical distribution technology which prevents Optical Beat Interference (OBI) in RFoG deployments with its FDH3000 fiber distribution hub and integrated splitter cabinet. Together, they enable HFC network operators to install the AgileMax platform into an existing Fiber Distribution Hub (FDH) location to improve their networks’ upstream and downstream capacity and data speeds. The cabinet supports standard 19-inch rack mounted equipment using a patented swing frame design that houses the AgileMax product as well as additional passive products for maximum flexibility.

CommScope said its active-splitter technology enables operators to deploy high-capacity OBI-free, FTTH networks leveraging existing DOCSIS infrastructure.

“The FDH3000 AgileMax Cabinet is a turn-key solution for our HFC customers looking to eliminate OBI from their RFoG existing installations and improve network capacity and data speeds,” said Kevin Keefe, Senior Vice President and Segment Leader, Broadband Networks at CommScope. “It’s a showcase for the efficiencies and strengths of our combined company—integrating components of our legacy businesses to enable better cost savings for our customers as they build out their fiber networks of the future.”

Wednesday, August 5, 2020

CommScope announces the death of Jeff White

CommScope announced the passing of Jeff White, its Chief Commercial Officer.

CommScope Chief Executive Officer Eddie Edwards said, “Although new to CommScope, Jeff made an immediate impact on our team, bringing his expertise and talents to our sales and marketing teams, positioning them for success during an extremely challenging period.”

Jeff White joined CommScope in May 2020. Before CommScope, Jeff served in leadership roles for Here Technologies, Syniverse, Extreme Networks, and Cisco.

CommScope names Jeff White as Chief Commercial Officer

CommScope has appointed Jeff White as Chief Commercial Officer. He will be responsible for the development and growth of CommScope’s sales and marketing operations to meet strategic business initiatives.

White joins CommScope from Here Technologies, a location services platform company, where he served as chief customer officer in Amsterdam and oversaw a complete go-to-market transformation. Previously, he was chief revenue officer for Syniverse and Extreme Networks and held several leadership roles with Cisco Systems including senior vice president/president of India - Bangalore. Mr. White has nearly 30 years of experience in network technology industries, the majority in sales leadership roles of increasing responsibility.

Tuesday, June 16, 2020

CommScope rolls out AI-enabled, cloud network management

CommScope introduced an AI-enabled network management as-a-service platform that enables enterprise IT and managed service providers (MSPs) to manage a converged wired and wireless network.

RUCKUS Cloud offers single-pane management with network visibility and service assurance.  Key features:

  • Unified wired and wireless management - Intent-based workflows expedite provisioning, management, and control from large venues to hundreds or thousands of sites.
  • ML and AI - Analytics tools enable IT to react quickly to issues and stop network anomalies from rising to the service-affecting level.
  • RESTful APIs - OpenAPI-compliant APIs allow IT to automate any network function, create custom dashboards and reports, and easily integrate RUCKUS Cloud into existing enterprise systems.
  • MSP dashboard - Allows MSPs to offer branded services and manage multiple end customers.
  • Network health monitoring - IT teams can define and measure performance against service level agreements (SLAs) that best reflect the requirements of their users.
  • Remote client troubleshooting - Remote access to connection history and clearly identified points of failure facilitate a rapid response to user-reported network issues, regardless of client location.
  • Planning and reporting - 12 months of included historical device- and element-level data helps IT make well-informed network planning decisions.

“Networks are changing rapidly, with accelerating growth in users, network elements, devices and device diversity that’s driving a new level of network complexity, making it difficult for IT organizations to keep up,” said Matthias Machowinski, Omdia senior research director, enterprise networks. “Modern cloud-managed networking and ML/AI-based assurance tools provide automation and in-depth network insights, promising to give control back to the IT organization and deliver greater efficiency.”

Thursday, June 11, 2020

CommScope has shipped over 1M DOCSIS 3.1 gateways to Vodafone Germany

CommScope has now supplied over 1 million of its DOCSIS 3.1 Touchstone TG3442 Gateways to Vodafone Germany. The gateways are capable of download speeds of up to 1 Gbps.

Vodafone Germany is using CommScope’s DOCSIS 3.1 system, supported by its E6000 converged cable access platform (CCAP). This means Vodafone Germany can deliver the high speeds its customers require, with intelligent software-driven orchestration to manage capacity and connectivity, as well as providing best-in-class analytics on network performance.

“Today, more than ever, people expect their connectivity to be there no matter if they are working from home, the kids are playing games or if they are finishing their eLearning assignments,” said Phil Sorsky, senior vice president of Service Providers for EMEA, CommScope. “Vodafone Germany is laying the framework for a new connected world as we see how crucial the Internet is in keeping our society functioning in the face of rapid and unpredictable change.”

Wednesday, May 20, 2020

CommScope beefs up Wi-Fi 6 portfolio with new Access Points

CommScope added five new Wi-Fi 6 outdoor access points to its portfolio.

The APs will be Wi-Fi CERTIFIED 6 and are optimized for highly dense environments such as educational campuses, hotels and other venues such as airports and stadiums.


  • R850: a Wi-Fi 6 8x8:8 indoor access point with 5.9 Gbps speeds and embedded IoT. The R850 delivers the highest Wi-Fi performance of any AP on the market to ensure the best experiences in the harshest environments.
  • R750: a Wi-Fi 6 4x4:4 indoor access point with 3.5 Gbps speeds and embedded IoT. The R750 is the industry’s first Wi-Fi CERTIFIED 6 access point and a Wi-Fi Alliance testbed unit that validates other devices for Wi-Fi 6 interoperability.
  • R650: a Wi-Fi 6 4x4:4 indoor access point with 3 Gbps speeds and embedded IoT. This addition upgrades the popular R600 series to include Wi-Fi 6.
  • R550: a Wi-Fi 6 2x2:2 indoor access point with 1.8 Gbps speeds and embedded IoT. This AP brings superior Wi-Fi 6 performance to the mainstream at a great price, along with native IoT support as included in all RUCKUS Wi-Fi 6 APs.
  • T750: a Wi-Fi 6 4x4:4 outdoor access point with 3.5 Gbps speeds and embedded IoT. The industry’s first outdoor Wi-Fi 6 Certified AP delivers outstanding Wi-Fi performance to outdoor environments.
  • T750SE: a Wi-Fi 6 4x4:4 outdoor access point with 3.5 Gbps speeds, embedded IoT, and sectorized antennas. The T750SE surgically delivers bandwidth to seating in stadiums and other large venues.
  • The R650 and T750 began shipping in Q1 2020 while the R550 and R850 will begin shipping in Q2 2020. The T750SE will begin shipping in Q3 2020.

“The new Wi-Fi 6 access points with patented and unique technologies offers the very best enterprise solutions to meet the growing demand for connectivity,” said Bart Giordano, senior vice president, Product Management for CommScope’s RUCKUS portfolio. “We continue to invest in the enterprise Wi-Fi space and with the addition of the recently launched RUCKUS Analytics, we are already seeing a positive impact with our customers.”

Wednesday, May 13, 2020

CommScope names Jeff White as Chief Commercial Officer

CommScope has appointed Jeff White as Chief Commercial Officer. He will be responsible for the development and growth of CommScope’s sales and marketing operations to meet strategic business initiatives.

White joins CommScope from Here Technologies, a location services platform company, where he served as chief customer officer in Amsterdam and oversaw a complete go-to-market transformation. Previously, he was chief revenue officer for Syniverse and Extreme Networks and held several leadership roles with Cisco Systems including senior vice president/president of India - Bangalore. Mr. White has nearly 30 years of experience in network technology industries, the majority in sales leadership roles of increasing responsibility.

Thursday, May 7, 2020

CommScope posts Q1 2020 revenue of $2.03 billion

CommScope reported that net sales in the first quarter of 2020 increased 84.9% year over year to $2.03 billion primarily due to the contribution of $1.03 billion from the ARRIS acquisition. On a combined company basis, net sales decreased 18.0% year over year to $2.03 billion. The company estimates that first-quarter 2020 net sales were negatively impacted by approximately $70 million related to supply chain disruptions as a result of COVID-19, as well as certain other COVID-19 related disruptions.

CommScope generated a net loss of $(159.9) million, or $(0.89) per basic share, in the first quarter, a decrease from the prior year period's net loss of $(2.3) million, or $(0.01) per basic share. Non-GAAP adjusted net income for the first quarter was $27.2 million, or $0.12 per diluted share, versus $93.0 million, or $0.48 per diluted share, in the first quarter of 2019.

Due to the evolving and significant uncertainties related to the impact of the COVID-19 pandemic, CommScope is withdrawing its full-year 2020 outlook.

CommScope President and CEO Eddie Edwards states: "I am incredibly proud of our team and how resilient our business model is. We quickly mobilized across the company to respond to the COVID-19 pandemic; supporting the phenomenal and sudden increase in demand for broadband and connectivity by everyone: our emergency services, businesses, remote workers and everyone sheltering-in-place at home. On behalf of the Board and management team, I thank our employees for their fortitude, creativity, innovation, positive spirit and resilience in providing essential services.”


Thursday, February 20, 2020

CommScope posts Q4 sales of $2.3 billion

CommScope reported Q4 2019 net sales of $2.30 billion, an increase of 117.3% compared to $1.06 billion during the same period in the prior year. Fourth quarter 2019 included sales of $1.33 billion from ARRIS, which was acquired on April 4, 2019. There was a net loss available to common stockholders of $(450.5) million, or $(2.32) per basic share, in the fourth quarter, a decrease from the prior year period's net loss of $(23.3) million, or $(0.12) per basic share.

We are pleased to finish 2019 on a high note, as we delivered net sales at the midpoint of our guidance, adjusted EBTIDA at the high-end of our targeted range, and adjusted EPS well above our targeted range,” said President and Chief Executive Officer Eddie Edwards.

Edwards continued, “Despite industry headwinds, our team remained focused on managing the elements we could control. Our strong operational discipline allowed us to generate significant cash flow, resulting in $300 million of early debt paydown in the fourth quarter and an additional $100 million paydown earlier this week. We are executing on our strategy and surpassing our cash flow and debt paydown expectations. As a result of our success, there is only $50 million principal remaining on our 2021 notes with the next nearest maturity not until 2024.