Commscope Hldg Co Inc Stock Price, News & Analysis

CommScope (NASDAQ: COMM) announces the retirement of chief legal officer Burk Wyatt effective June 1, 2021, after more than 25 years with the company. His tenure saw CommScope grow from $400 million in revenue to approximately $8 billion, navigating various market changes. Justin Choi will succeed Wyatt, bringing over 30 years of legal experience in the network infrastructure industry. The transition comes as CommScope focuses on its CommScope NEXT strategy, aiming to return to growth and optimize its portfolio.

CommScope Holding Company (NASDAQ: COMM) plans to spin off its Home Networks business to enhance operational efficiency and focus on core growth strategies. This separation, part of the CommScope NEXT strategy, aims for a tax-free spin-off to shareholders by Q1 2022. The initiative is expected to streamline operations, reduce costs, and foster innovation in both CommScope and Home Networks. Following the spin-off, CommScope will focus on three segments: Broadband Networks, Venue and Campus Networks, and Outdoor Wireless Networks, enhancing its market position and investment opportunities.

CommScope has expanded its Wi-Fi 6 access point portfolio with the launch of the indoor RUCKUS H550 and outdoor RUCKUS T350 access points. These devices integrate Wi-Fi, Bluetooth Low Energy, and Zigbee protocols, creating a converged network for various applications including building management and IoT. The H550 is ideal for multi-dwelling units, supporting multiple 4K video streams, while the T350 is designed for high-performance outdoor connectivity, adapting to harsh environmental conditions. Additionally, new enhancements in RUCKUS SmartZoneOS improve network management capabilities.

CommScope has partnered with Audio Impact to supply reliable Wi-Fi for Navy SEALs and their families at the C4 Foundation's C4 Ranch. This initiative aims to enhance communication for those transitioning in and out of deployment. The collaboration will deploy RUCKUS Wi-Fi access points and power-over-Ethernet injectors, addressing previous connectivity issues. This project is intended to help alleviate stress related to deployment. The move signifies a commitment to supporting military personnel and their families through improved technology.

CommScope's RUCKUS Wi-Fi has been chosen by Wifirst to enhance connectivity at Barrière Group's 33 casinos, 18 hotels, and 140 restaurants in France. This partnership aims to facilitate digital transformation, allowing guests to check in via mobile devices and enjoy contactless services, boosting confidence in safety. The new Wi-Fi network will also support over 7,000 employees with mobile applications for operational efficiency. Wifirst implemented RUCKUS' high-performance Wi-Fi 5 access points to tackle connectivity challenges in historic hotels.

CommScope has announced that its all-digital ERA distributed antenna system (DAS) meets the requirements of the Trade Agreements Act (TAA). The ERA platform, produced in the U.S. or a TAA-compliant country, aims to simplify in-building cellular connectivity. It operates over standard IT infrastructure and supports various operators and mobile technologies, including 5G. This makes it suitable for government buildings and military bases requiring extensive cellular coverage. CommScope's commitment to TAA compliance aligns with the U.S. government's preferences for domestically manufactured products.

CommScope has unveiled new antenna solutions to expedite 5G rollouts, enhancing wireless operators' network-building processes. Key offerings include:

• C-Band Antennas: Support for multiple upgrade paths, enabling easy addition of C-band functionalities.
• CBRS Antennas: Optimized for sub-6 GHz bands with twin-beam technology, enhancing capacity and reducing costs.
• 360° Wind Load Reduction Design: Improves RF performance while minimizing wind-related costs.

CommScope Holding Company (NASDAQ: COMM) will participate in the J.P. Morgan Global High Yield & Leveraged Finance Conference on March 2, 2021. Chief Financial Officer Alex Pease is set to take part in a fireside chat at 1:15 p.m. Eastern. The CommScope Investor Relations team will also hold individual meetings throughout the day. A live webcast will be accessible via CommScope's Investor Relations page before the event starts and will be available for on-demand viewing approximately 24 hours later.

CommScope announced its partnership with Jupiter Telecommunications (J:COM) to deploy the XE4202 10G-EPON Remote OLT fiber node module, enhancing broadband services in Japan's Kansai region. This collaboration aims for large-scale commercial deployment of 10G EPON, enabling J:COM to provide 10Gbps broadband to residential and business customers. The deployment leverages existing networks and aims to reduce costs while improving speed and reliability. This move highlights CommScope's growth focus in Japan's competitive broadband market.