CommScope and NCTC Announce Enhanced Collaboration to Support Independent Service Providers
Rhea-AI Summary
CommScope (NASDAQ: COMM) has announced an enhanced collaboration with the National Content & Technology Cooperative (NCTC) to provide improved access to network solutions for NCTC members. The partnership will benefit independent broadband and pay-TV service providers serving small and midsized communities across all U.S. states and territories, reaching approximately one-third of U.S. households.
Key aspects of the collaboration include enhanced purchasing options through a dedicated distribution partner, assistance with Broadband Equity Access and Deployment (BEAD) program funding for rural FTTH network deployments, and resources for efficient fiber network design. CommScope will provide its Build America, Buy America (BABA)-compliant portfolio of FTTH solutions to help independent service providers improve and manage their broadband networks.
Positive
- Enhanced access to CommScope's network solutions for service providers reaching one-third of U.S. households
- Streamlined purchasing process through dedicated distribution partner
- Support for BEAD program funding applications for rural network deployments
- Access to BABA-compliant FTTH solutions portfolio
Negative
- None.
News Market Reaction – COMM
On the day this news was published, COMM declined 0.20%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Agreement will facilitate network design assistance and grant application guidance for NCTC members
NCTC supports independent broadband and pay-TV communications service providers serving small and midsized communities in all 50 United States and territories. Together, NCTC members reach about one-third of the households in
Through this partnership, NCTC members will have enhanced purchasing options for CommScope® solutions via a dedicated distribution partner. CommScope will also assist NCTC members with navigating Broadband Equity Access and Deployment (BEAD) program funding to finance rural FTTH network deployments. Additionally, CommScope is providing resources to help service providers design efficient, scalable fiber networks.
"We're excited to work with NCTC to bring their members these valuable opportunities," stated Michelle Hogan, general manager, Broadband Solutions,
"CommScope's network solutions enable NCTC members to improve, upgrade, and manage their access network and broadband deployments quickly, economically, and efficiently," said Jacob Igval, VP, Access Network Solutions, CommScope. "Whether members are building new networks or upgrading existing ones, CommScope has a deep portfolio of innovative, end-to-end products that can help maximize their investments in broadband network technology."
"NCTC is dedicated to empowering our members with the tools and partnerships they need to deliver high-quality broadband to their communities," said Rob Smith, VP, Group Purchasing at NCTC. "Our expanded collaboration with CommScope ensures that our members have streamlined access to industry-leading network solutions, helping them deploy and enhance broadband networks more efficiently. We're excited to have a comprehensive suite of CommScope products and services in our online store, Marketplace."
This collaboration will help put CommScope technology and expertise right where it's most needed—in all communities across America.
CommScope and the CommScope logo are registered trademarks of CommScope and/or its affiliates in the
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.
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About the National Content & Technology Cooperative
The National Content & Technology Cooperative (NCTC) is a
News Media Contacts
CommScope
Luke Hamer
Luke.Hamer@commscope.com
NCTC
Christy Drummond, NCTC
CDrummond@nctconline.org
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.
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SOURCE NCTC