financetom
Technology
financetom
/
Technology
/
CommScope considers sale of broadband arm for as much as $10 billion, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CommScope considers sale of broadband arm for as much as $10 billion, Bloomberg News reports
May 26, 2025 1:37 PM

May 23 (Reuters) - CommScope Holding ( COMM ) 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 ( COMM ) 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 ) 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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Silver price forecast update 08-04-2024
Silver price forecast update 08-04-2024
Apr 8, 2024
Silver Price Analysis Expected Scenario Silver price rallied upwards strongly this morning to succeed touching our waited target at 28.00$, and we believe that the way is open to achieve additional rises and target 28.75$ levels as a next positive station. The bullish trend will remain dominant in the upcoming sessions, supported by the EMA50, taking into consideration that holding...
The EURUSD price forecast update - 08-04-2024
The EURUSD price forecast update - 08-04-2024
Apr 8, 2024
EURUSD Price Analysis Expected Scenario The EURUSD price didnt show any strong move since morning, to continue fluctuating around 1.0840$. Stochastic continues to lose the positive momentum to reach the thresholds of the overbought areas. No change to the expected bearish trend for today, which depends on the price stability below 1.0860$ level. Our targets begin at 1.0765$ and extend...
Ferrari steps up battery know-how though no plans to make them
Ferrari steps up battery know-how though no plans to make them
Apr 8, 2024
BOLOGNA, Italy (Reuters) - Ferrari ( RACE ) wants to increase its expertise in battery cells given their importance in its shift to electrified vehicles, but it has no plans to manufacture them itself, its CEO Benedetto Vigna said on Monday. The Italian luxury sports car maker has been selling hybrid-electric cars since 2019 and has promised its first-fully electric...
The GBPUSD forecast update 08-04-2024
The GBPUSD forecast update 08-04-2024
Apr 8, 2024
GBPUSD Price Analysis Expected Scenario The tight range dominates the GBPUSD price trades since morning, which hovers around the EMA50. The bullish trend scenario will remain valid as it is without any change for today as long as 1.2580$ level remains intact. Our waited targets begin by testing 1.2700$. Expected Trading Range Between 1.2560$ support and 1.2720$ resistance. Trend Forecast:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved