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CommScope Holding Company, now Vistance Networks, reports developments around its transition into a focused network-solutions company after the completed sale of its Connectivity and Cable Solutions segment. News centers on the rebrand, capital-structure actions tied to the divestiture, operating results, and the remaining businesses built around RUCKUS Networks and Access Networks Solutions.
Company updates also cover RUCKUS Wi-Fi, switching, cloud-managed platforms, AI-enabled network management for multi-dwelling units, PRiSM secure-boot signing technology, and fiber architecture training and showcase initiatives for service providers. Financial releases discuss continuing operations, segment measures, debt repayment, share repurchase authorization, and cash distribution decisions.
CommScope (COMM), a global network connectivity leader, has announced it will release its first quarter 2025 financial results on Thursday, May 1, before market opening. The company will host a conference call at 8:30 a.m. Eastern where management will discuss the quarterly performance. Investors can access the live audio call through CommScope's Investor Relations website's Events and Presentations page. A replay of the webcast will be temporarily available on the company's website after the call.
CommScope (NASDAQ: COMM) has announced the sale of its vCCAP Evo Virtual Converged Cable Access Platform to Vidanet, a Hungarian cable services provider. The deal includes CommScope's E6000r High Density and R-PHY shelves to support Vidanet's transition to a Distributed Access Architecture (DAA) network.
The vCCAP Evo solution will serve as the main management component of Vidanet's DAA deployment, enabling the move of DOCSIS signal generation to E6000 series R-PHY shelves. The platform features centralized, automated provisioning, configuration, and monitoring capabilities. Vidanet will also implement CommScope's Intelligent Access Controller (IAC) for enhanced management features.
The deployment includes installation in a centralized hub and R-PHY shelves in select cities and suburbs, with implementation support from HFC Technics. The solution offers advantages such as minimal service disruptions during deployment, efficient device management, and reduced power consumption compared to traditional hardware-based cores.
CommScope (NASDAQ: COMM) has announced its new PON Evo™ suite of products, developed through a strategic partnership with Altice Labs. The collaboration integrates CommScope's PON and vBNG solutions with Altice Labs' dual-density XGS PON technologies into a unified architecture.
The partnership aims to address declining average revenue per user (ARPU) by facilitating migration from GPON to XGS-PON, and potentially 50G PON, all on the same infrastructure. The solution features Altice Labs' dual density XGS-PON SFP and dual XGS-PON SFP+ solutions, significantly increasing PON port density.
This comprehensive FTTH portfolio positions CommScope as a single-source partner for next-generation fiber networks, complementing their existing hybrid fiber coax (HFC) solutions.
CommScope (NASDAQ: COMM) has launched the Propel XFrame™ solution, a new floor-mounted fiber frame designed for high-density data centers and high-performance computing facilities. The solution, set to be available globally by the end of Q2, addresses space optimization and scalability challenges in data centers affected by AI deployments and high-density fiber mesh architectures.
Key features include:
- Low profile design with multiple deployment configurations
- Compatibility with various Propel components and standardized connector types
- Front access to all panels for reduced labor costs
- Horizontal and vertical cable management for organized cabling
- Flexible installation options including wall placement, back-to-back, or freestanding configurations
The modular solution aims to simplify high-density fiber cross-connects through single-length patch cords and preterminated breakout assemblies and splicing.
CommScope (NASDAQ: COMM) reported its Q4 and full-year 2024 results, showing mixed performance. In Q4, net sales increased 26.6% year-over-year to $1.17 billion, with the company reporting a loss from continuing operations of $65.2 million. Q4 Core adjusted EBITDA improved significantly to $240.4 million, representing a 68.7% increase.
For full-year 2024, net sales decreased 7.9% to $4.21 billion, with a loss from continuing operations of $461.0 million. The company generated $273.1 million in operating cash flow and $247.8 million in free cash flow. Core adjusted EBITDA remained flat at $756.4 million.
The company's CCS segment showed strong performance with a 36.3% increase in net sales to $754.0 million. CommScope ended 2024 with $663.3 million in cash and total liquidity of approximately $1.1 billion. The company completed its previously announced sale of OWN segment and DAS business unit to Amphenol on January 31, 2025.
CommScope (NASDAQ: COMM) has unveiled new AI-driven solutions through RUCKUS Networks, integrating generative, edge, and intent-based AI features with its Wi-Fi 7 portfolio. The company announced a partnership with Nokia to combine Nokia's optical LAN solution with RUCKUS Wi-Fi APs and the RUCKUS One® platform, promising to reduce total cost of ownership by 50%.
Key innovations include IntentAI™, a business-objective-driven network management solution; GenAI Powered Zero-Touch Network for automated provisioning; and EquiFlex™, which uses edge-based AI to improve network capacity by up to 20%. The company also introduced template-based configuration management and expanded its Wi-Fi 7 portfolio with new indoor and outdoor access points, including the industry's first 6 GHz Standard Power Certified outdoor Wi-Fi 7 solution.
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.
CommScope (NASDAQ: COMM) has announced a multi-year partnership as the Official Connectivity Partner of the MoneyGram Haas F1 Team. The company will provide critical race day network operations, including trackside car, garage, and pitwall connectivity solutions. The partnership includes implementing SYSTIMAX and RUCKUS wired and wireless network solutions for both trackside operations and hospitality areas.
The technology suite features broadband fiber, SYSTIMAX fiber and copper connectivity platforms, and RUCKUS enterprise-grade wireless access solutions. The partnership will support the team's factory operations globally and provide high-speed Wi-Fi for VIP guests in the team's hospitality suite within the paddock. Both companies share a home base in North Carolina, adding a special dimension to their collaboration.
CommScope (NASDAQ: COMM) has completed the sale of its Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business to Amphenol (NYSE: APH), following the definitive agreement announced on July 18, 2024.
The proceeds will be allocated to:
- Pay transaction fees and expenses
- Repay all outstanding amounts under the asset-backed revolving credit facility
- Partially repay 4.750% Senior Secured Notes due 2029
- Fully repay 6.000% Senior Secured Notes due 2026
The company's asset-backed revolving credit facility committed amount will be reduced to $750.0 million, subject to borrowing base limitations. The Senior Secured Term Loan's applicable margin is expected to decrease by 25 basis points. Additional details about the transaction's impact on fiscal year 2025 outlook will be provided during the next quarterly earnings call.