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CommScope Holding Company Inc - COMM STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CommScope Holding Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CommScope Holding Company's position in the market.

Rhea-AI Summary
CommScope Holding Company, Inc. will release its first quarter 2024 financial results on May 9, followed by a conference call to discuss the results. The call will be available for replay on the Investor Relations website.
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CommScope (NASDAQ: COMM) launches new RUCKUS Networks suite for the hospitality industry, featuring AI-driven solutions to enhance brand loyalty, operational efficiency, and sustainability. The suite includes Wi-Fi 7, IoT solutions, and cloud-based management for personalized guest experiences.
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CommScope partners with Xplore to deploy high-speed fiber broadband in rural Ontario, connecting over 35,000 homes and businesses. The project aims to bring gigabit-speed internet, enhanced video calls, and telemedicine services to rural communities.
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CommScope (COMM) introduces GigaREACH™ XL solution, extending the reach of traditional twisted pair Ethernet devices on the enterprise network beyond the 100-meter limit. The solution supports various PoE applications, enabling connectivity up to 250 meters with no additional equipment needed, reducing installation costs and greenhouse gas emissions.
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CommScope (COMM) announces plans to expand production for fiber-optic connectivity products to meet the demand for Build America Buy America (BABA) compliant products. The expansion aims to support the increasing need for broadband networks in rural areas, with production set to begin in Q3 of 2024.
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CommScope Holding Company, Inc. reported fourth-quarter net sales of $1.186 billion and full-year net sales of $5.789 billion. The company faced challenges with a 23% decline in net sales and a 18% decrease in adjusted EBITDA compared to the prior year. CommScope aims to achieve $100 million in cost savings in early 2024 to navigate market uncertainties.
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CommScope's Comsearch AFC receives FCC certification for deploying 6 GHz spectrum to support unlicensed devices, enabling high-quality indoor and outdoor networks for various applications. The solution enhances signal strength, throughput, and network flexibility, catering to industries like venues, IoT, and municipal Wi-Fi deployments.
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RUCKUS Networks, in collaboration with the City of San José and CommScope, has been driving San José's smart city vision for safety, sustainability, and economic growth through AI-driven Wi-Fi technology. Projects like closing the 'Homework Gap' at East Side Union High School District and deploying outdoor networks have significantly improved connectivity for residents and businesses.
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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

Nasdaq:COMM

COMM Rankings

COMM Stock Data

228.35M
187.57M
1.82%
82.29%
3.83%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
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Hickory

About COMM

everyone communicates. it’s the essence of the human experience. how we communicate is evolving. technology is reshaping the way we live, learn and thrive. the epicenter of this transformation is the network—our passion. our experts are rethinking the purpose, role and usage of networks to help our customers increase bandwidth, expand capacity, enhance efficiency, speed deployment and simplify migration. from remote cell sites to massive sports arenas, from busy airports to state-of-the-art data centers—we provide the essential expertise and vital infrastructure your business needs to succeed. the world’s most advanced networks rely on commscope connectivity.