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CommScope Holding Company, Inc. - COMM STOCK NEWS

Welcome to our dedicated page for CommScope Holding Company news (Ticker: COMM), a resource for investors and traders seeking the latest updates and insights on CommScope Holding Company stock.

CommScope Holding Company, Inc. (symbol: COMM) is a leading provider of infrastructure solutions for communication, data center, and entertainment networks. Headquartered in Hickory, North Carolina, CommScope specializes in both wired and wireless network solutions, playing a pivotal role in enabling service providers such as cable and telephone companies, data centers, and digital broadcast satellite operators to efficiently deliver media, voice, Internet Protocol (IP) data services, and Wi-Fi to subscribers.

CommScope's operations are divided into several key segments:

  • Connectivity and Cable Solutions (CCS): Focuses on providing robust connectivity solutions that include copper and fiber optic cables, as well as connectivity components for various applications.
  • Outdoor Wireless Networks (OWN): This segment offers solutions for improving wireless coverage and capacity, particularly in outdoor settings such as remote cell sites and large venues like sports arenas and airports.
  • Networking, Intelligent Cellular, and Security Solutions (NICS): Develops intelligent networking solutions to enhance cellular connectivity and network security across complex environments.
  • Access Network Solutions (ANS): Provides comprehensive solutions to optimize and expand network access, ensuring high-speed and reliable connectivity.

With a focus on innovation and a commitment to excellence, CommScope is continuously evolving to meet the dynamic needs of modern communication. Recent achievements include advancements in 5G technology, expanding the capabilities of its fiber optic solutions, and forming strategic partnerships to enhance its product offerings. Financially, CommScope has shown resilience and adaptability, investing in R&D to stay ahead in the competitive tech landscape.

CommScope's products and solutions are integral to some of the world's most advanced networks, ensuring seamless connectivity in various environments from bustling airports to high-tech data centers. The company's expertise is crucial for businesses looking to boost bandwidth, expand network capacity, and enhance overall efficiency.

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CommScope has filed a patent infringement lawsuit against SOLiD in Germany, focusing on European Patent No. EP 2290850B1 related to its digital DAS innovations. This lawsuit follows a similar action in the UK last year. CommScope has previously enforced this patent in the U.S. against other companies, including Dali Wireless and SOLiD. The company emphasizes its commitment to protecting its intellectual property and highlights past successes in patent enforcement, including a royalty-bearing license agreement with Kathrein in 2017.

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CommScope reports that the Luna Rossa Prada Pirelli team has chosen RUCKUS Wi-Fi equipment to connect its AC75 racing yacht during the ongoing PRADA Cup, which runs from January 15 to February 2021. The team's yacht is equipped with hundreds of sensors that gather vital data, including speed and weather conditions, ensuring continuous analysis during races. The RUCKUS network will enhance data collection and transmission, optimizing racing performance. The collaboration emphasizes CommScope's technology leadership for the America's Cup event, scheduled for March 2021.

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CommScope has unveiled two new members of its gigabit whole-home mesh portfolio at CES 2021: the SURFboard mAX and SURFboard mAX Express. These systems support the latest Wi-Fi 6 technology with speeds up to 6.6 Gbps, designed to provide extensive coverage of up to 5,550 sq. ft. to accommodate multiple devices in smart homes. The SURFboard S33 DOCSIS 3.1 Cable Modem was also showcased, capable of delivering 3.5 Gbps throughput. All devices come with a two-year warranty and are available for purchase at major retailers.

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CommScope is enhancing its Wi-Fi 6 home network gateway portfolio with the launch of the NVG578LX 2.5G GPON residential gateway. This new device aims to meet the rising demand for faster internet speeds as more people work and learn from home. The NVG578LX provides gigabit speeds for voice, video, and data services, supporting up to 2.5 Gbps downstream and 1.25 Gbps upstream connectivity. It features a 2.5G Ethernet WAN/LAN port and dual-band Wi-Fi 6, making it suitable for modern home networking needs.

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CommScope has introduced the first 204MHz digital return technology, enhancing upstream bandwidth and enabling gigabit speeds through a high-split network. The solution includes the DT4600N node transmitter and DR3600N headend receiver, facilitating high link performance up to 100km. This innovation allows operators to upgrade seamlessly from mid-split to high-split, supporting more bandwidth and efficient remote monitoring. The platform is currently in trials with various operators and is available for deployment in the market.

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CommScope has partnered with the City of Wyandotte, Michigan, to enhance digital connectivity for nearly 25,000 residents. The initiative aims to deliver high-capacity internet of up to 10Gbps to approximately 13,000 homes and over 700 commercial buildings. This project involves a full conversion to fiber-to-the-home (FTTH) technology and the management of various contractors. CommScope will provide critical services such as construction management and network integration, ultimately driving economic growth and improved quality of life in Wyandotte.

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CommScope Holding Company (NASDAQ: COMM) announced its participation in the Bank of America Leveraged Finance Virtual Conference, scheduled for November 30, 2020. The Chief Financial Officer, Alex Pease, along with other executives, will hold individual meetings with attendees throughout the day. A live webcast will be accessible on CommScope's Investor Relations page, and a recording will be available for on-demand viewing shortly thereafter.

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CommScope has launched the ARRIS SURFboard S33 DOCSIS 3.1 multi-Gigabit cable modem, designed to enhance home networking performance. This modem supports a total throughput of up to 3.5 Gbps, accommodating advanced applications like video conferencing and online gaming. Priced at $179.99 MSRP, the S33 is available through retailers such as Best Buy and SURFboard.com. The modem features an easy setup process, is certified for all major US service providers, and includes a two-year warranty.

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CommScope has partnered with RDK Management to implement the User Services Platform (USP) Agent for the RDK community. This integration enhances existing TR-069 deployments as they transition to USP, improving management for broadband service providers. CommScope's ECO solution, vital for managing millions of devices, has been updated to support USP, allowing remote management of connected homes via standardized protocols. This move is viewed positively by industry leaders like Vodafone, emphasizing its importance in managing contemporary connected home devices.

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CommScope and Nokia have collaborated to introduce a new interleaved passive-active antenna (IPAA) radio platform to enhance 5G deployment. This innovative modular design allows operators to upgrade existing sites without extra space, facilitating faster rollout of 5G services amid rising demand. The IPAA features two customizable modules: a passive module covering 700 MHz to 2.7 GHz and a passive-active module with TDD beamforming for 5G n78 (3.4-3.8 GHz). This solution addresses site permitting challenges and provides upgrade paths, potentially lowering operational costs for telecom operators.

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FAQ

What is the current stock price of CommScope Holding Company (COMM)?

The current stock price of CommScope Holding Company (COMM) is $4.68 as of November 22, 2024.

What is the market cap of CommScope Holding Company (COMM)?

The market cap of CommScope Holding Company (COMM) is approximately 989.9M.

What does CommScope Holding Company, Inc. do?

CommScope provides infrastructure solutions for communication, data center, and entertainment networks, offering both wired and wireless solutions.

What are the main operating segments of CommScope?

The main segments include Connectivity and Cable Solutions (CCS), Outdoor Wireless Networks (OWN), Networking, Intelligent Cellular and Security Solutions (NICS), and Access Network Solutions (ANS).

Where is CommScope headquartered?

CommScope is headquartered in Hickory, North Carolina.

What recent achievements has CommScope made?

Recent achievements include advancements in 5G technology, expanding fiber optic capabilities, and forming strategic partnerships to enhance its product offerings.

How does CommScope contribute to network connectivity?

CommScope provides the essential infrastructure and expertise needed for reliable network connectivity in various settings, including remote cell sites, sports arenas, airports, and data centers.

What type of customers does CommScope serve?

CommScope serves service providers such as cable and telephone companies, data centers, digital broadcast satellite operators, and media programmers.

How does CommScope enhance wireless and wired connectivity?

CommScope enhances connectivity by developing solutions that increase bandwidth, expand capacity, speed up deployment, and simplify migration.

What is CommScope's approach to innovation?

CommScope focuses on continuous innovation through significant investment in research and development to stay ahead in the competitive tech landscape.

What products does CommScope offer?

CommScope offers a range of products including copper and fiber optic cables, connectivity components, wireless network solutions, and more.

What is the significance of CommScope's solutions in modern networks?

CommScope's solutions are integral to maintaining seamless and reliable connectivity in advanced networks, essential for modern communication and data transfer needs.

CommScope Holding Company, Inc.

Nasdaq:COMM

COMM Rankings

COMM Stock Data

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