STOCK TITAN

CommScope’s Propel Honored by 2023 Lightwave Innovation Reviews

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

CommScope (NASDAQ: COMM) has announced that its Propel™ fiber platform has received recognition in the 2023 Lightwave Innovation Reviews, highlighting its innovative design and positive impact on customer needs. Propel is engineered to support the growing demand for data center capacity, facilitating migration to Terabit speeds while ensuring reliable connectivity. With capabilities for current network speeds and future growth, Propel aims to address the surging demand from AI applications and cloud computing. Lightwave's recognition underscores CommScope's commitment to advancing network technology.

Positive
  • CommScope's Propel platform recognized in 2023 Lightwave Innovation Reviews, indicating strong market approval.
  • Designed to meet increasing demands for data center connectivity and support for Terabit speeds.
  • Capability to handle current speeds of 40 and 100GB, with preparation for future requirements up to 3200GB.
Negative
  • None.

HICKORY, N.C.--(BUSINESS WIRE)-- CommScope (NASDAQ: COMM), a global leader in network connectivity solutions, is pleased to announce its modular, end-to-end fiber platform, Propel™, was recognized among the best by the 2023 Lightwave Innovation Reviews. An esteemed and experienced panel of judges from the optical communications community recognized CommScope as a high-score recipient. This review is based on several criteria, including originality, innovation, positive impact on customers, how well it addresses a new or existing requirement, novelty and cost-effectiveness.

CommScope’s Propel is designed to help data center managers respond to the exponential increase in demand they are experiencing for computing power. This new technology facilitates the migration to Terabit speeds. Propel provides reliable connectivity and a robust network infrastructure that aligns with rapidly emerging data center applications, enabling faster, more efficient access to data.

“On behalf of the Lightwave Innovation Reviews, I would like to congratulate CommScope on their high-scoring honoree status,” stated Lightwave Editorial Director, Stephen Hardy. “This competitive program allows Lightwave to celebrate and recognize the most innovative products impacting the optical communications community this year.”

“Data center demands have and continue to soar as organizations, communities and government agencies’ adoption rates of AI applications, streaming and cloud computing expands,” stated John Schmidt, senior vice president, CommScope’s building and data center business. “CommScope’s Propel is engineered to maximize existing infrastructure application support and handle today’s network speeds of 40 and 100GB, as well as prepare for future speed needs of 400, 800, 1600 and 3200GB. We are thrilled that Propel is recognized as a leading solution by Lightwave Innovation Reviews.”

To learn more about CommScope’s Propel platform, visit our website.

CommScope and the CommScope logo are registered trademarks of CommScope and/or its affiliates in the U.S. and other countries. A list of CommScope trademarks is available at https://www.commscope.com/trademarks. All other product names, trademarks and registered trademarks are property of their respective owners.

About Lightwave:

Through our integrated media portfolio, Lightwave delivers content focused on fiber optics and optoelectronics, the technologies that enable the growth, integration and improved performance of voice, data and video communications networks and services. Our experienced editorial team provides trusted technology, application and market insights to corporate executives, department heads, project managers, network engineers and technical managers at equipment suppliers, service providers and major end-user organizations. Our unique ability to inform our audience’s business-critical decisions is based in our 35+ year relationship with the entire optical community— technology vendors, communications carriers and major enterprises—and our recognition of the interplay among its members.

About CommScope:

CommScope (NASDAQ: COMM) is pushing the boundaries of technology to create the world’s most advanced wired and wireless networks. Our global team of employees, innovators and technologists empower customers to anticipate what’s next and invent what’s possible. Discover more at www.commscope.com.

Follow us on Twitter and LinkedIn and like us on Facebook.

Sign up for our press releases and blog posts.

This press release includes forward-looking statements that are based on information currently available to management, management’s beliefs, as well as on a number of assumptions concerning future events. Forward-looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, which could cause the actual results to differ materially from those currently expected. In providing forward-looking statements, the company does not intend, and is not undertaking any obligation or duty, to update these statements as a result of new information, future events or otherwise.

Source: CommScope

News Media Contact:

Cheryl Przychodni, CommScope

cheryl.przychodni@commscope.com

+1-630-297-1794

Financial Contact:

Michael McCloskey, CommScope

+1-828-431-9874

Source: CommScope

FAQ

What is the Propel platform from CommScope?

The Propel platform is CommScope's modular fiber solution designed to enhance data center connectivity, facilitating migration to Terabit speeds.

How was CommScope recognized in the 2023 Lightwave Innovation Reviews?

CommScope received high scores in the 2023 Lightwave Innovation Reviews for its Propel platform, based on criteria such as innovation and customer impact.

What market demand is CommScope's Propel addressing?

CommScope's Propel is designed to meet the increasing demand for data center capacity driven by AI applications, streaming, and cloud computing.

What future speed capabilities does Propel support?

Propel supports current speeds of 40 and 100GB and is prepared for future requirements including 400, 800, 1600, and 3200GB.

What does the recognition from Lightwave imply for CommScope's market position?

The recognition from Lightwave enhances CommScope's credibility as a technology leader in network solutions, potentially attracting new customers.

CommScope Holding Company, Inc.

NASDAQ:COMM

COMM Rankings

COMM Latest News

COMM Stock Data

989.93M
207.95M
3%
79.85%
3.55%
Communication Equipment
Radio & Tv Broadcasting & Communications Equipment
Link
United States of America
CLAREMONT