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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 introduces three industry-leading Open RAN advances to its network portfolio, enhancing 5G indoor connectivity with greater speed, flexibility, and sustainability. The company supports third-party Open RAN Distributed Units on its flagship ERA DAS and ONECELL small cell, enabling open, sustainable 5G networks. CommScope's innovations aim to provide unprecedented flexibility for on-premises 5G coverage, capacity, and control in both public and private networks.
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CommScope and Boldyn Networks announced the deployment of Wi-Fi 7 indoor access points in selected areas of Camping World Stadium in Orlando, Florida, marking the first Wi-Fi 7 deployment in a major stadium. The RUCKUS R770 Wi-Fi access points provide superior speed, capacity, reliability, and low latency, resulting in a 60% increase in throughput and 75% reduction in latency compared to Wi-Fi 6E. This deployment is expected to revolutionize the fan experience at the stadium, offering ultra-fast, low latency wireless connections to support high-demand applications.
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CommScope Holding Company, Inc. is set to release its Q4 and full year 2023 financial results on February 29th, followed by a conference call. The live audio will be available on the Investor Relations website, with a webcast replay archived for a limited time.
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CommScope (NASDAQ: COMM) has announced SYSTIMAX 2.0 enhancements, the next generation of its SYSTIMAX building and data center connectivity portfolio, providing customers with the latest structured cabling solutions. The enhancements include GigaSPEED XL5™ technology, VisiPORT™ solution, and an enhanced SYSTIMAX Assurance™ program, all aimed at supporting customers' network evolution within a fluid business environment.
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CommScope (COMM) closes transaction to sell Home Networks Business to Vantiva (VANTI)
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CommScope (COMM) RUCKUS Wi-Fi 7 AP selected for Wi-Fi CERTIFIED 7 interoperability certification test bed. The device is the only commercial access point in the test bed to deliver unmatched interoperability for the platform across Wi-Fi CERTIFIED 7 devices. The RUCKUS Wi-Fi 7 AP platform represents the next step in Wi-Fi device performance, with extreme speeds, low latency, and increased capacity to deliver exceptional user experiences.
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CommScope Holding Company, Inc. (COMM) reported a 32.8% decrease in net sales to $1.600 billion and a GAAP net loss of $828.7 million in Q3 2023. Non-GAAP adjusted EBITDA was $248.6 million, and cash flow generated by operations was $138.8 million. The company experienced challenges in its CCS, OWN, and ANS segments, prompting a reduction in Core adjusted EBITDA guideposts to $1.00 to $1.05 billion for the remainder of 2023.
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CommScope Holding Company, Inc. (NASDAQ: COMM) has reported preliminary third quarter results. Consolidated net sales were $1.60 billion, with core net sales at $1.35 billion. The company reported a GAAP net loss of $829 million, including non-cash asset impairments of $895 million. Core adjusted EBITDA was $246 million. CommScope has revised its adjusted EBITDA guideposts down and now expects full year 2023 core adjusted EBITDA to be in the range of $1.00 to $1.05 billion.
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CommScope to release Q3 2023 financial results on November 9
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Horacio Facca joins Origin Merchant Partners as Managing Director
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FAQ
What is the current stock price of Commscope Hldg Co (COMM)?
The current stock price of Commscope Hldg Co (COMM) is $5.01 as of February 21, 2025.
What is the market cap of Commscope Hldg Co (COMM)?
The market cap of Commscope Hldg Co (COMM) is approximately 1.2B.
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 Hldg Co Inc
Nasdaq:COMM
COMM Rankings
COMM Stock Data
1.18B
208.03M
2.96%
78.74%
4.34%
Communication Equipment
Radio & Tv Broadcasting & Communications Equipment
United States
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