CommScope

CommScope Selected as Highest and Best Bid in Auction to Acquire Cable Business Assets of Casa Systems

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星期四, 五月 30, 2024
Data Management, Technology, Mobile, Wireless, Telecommunications, Networks, Hardware, Economics, Bankruptcy Code, Sale, Name, COMM, Acquisition, CommScope, Architecture, CMTS, PON, Hearing, Auction

CommScope (NASDAQ: COMM), a global leader in network connectivity, was selected by Casa Systems, Inc. (“Casa”), as the highest and best bidder to acquire Casa’s Cable Business assets.

Key Points: 
  • CommScope (NASDAQ: COMM), a global leader in network connectivity, was selected by Casa Systems, Inc. (“Casa”), as the highest and best bidder to acquire Casa’s Cable Business assets.
  • A purchase agreement was entered into on May 29, 2024, between CommScope and Casa Systems, Inc. after CommScope entered the winning bid of $45,100,000 to purchase the Cable Business assets through an auction process under section 363 of the Bankruptcy Code.
  • A sale hearing is scheduled for June 4, 2024, and the transaction is expected to close June 6, 2024.
  • “As a leader in the cable industry, we are quite pleased by the opportunity to acquire Casa’s cloud-native network solutions,” stated Chuck Treadway, CEO, CommScope.

CommScope Stockholders Approve Proxy Proposals

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星期四, 五月 9, 2024
Data Management, Technology, Mobile, Wireless, Telecommunications, Networks, Hardware, Ernst & Young, CommScope

The stockholders of CommScope Holding Company, Inc., a global leader in network connectivity solutions, approved five proxy proposals today at the company’s annual meeting of stockholders.

Key Points: 
  • The stockholders of CommScope Holding Company, Inc., a global leader in network connectivity solutions, approved five proxy proposals today at the company’s annual meeting of stockholders.
  • CommScope stockholders re-elected Stephen C. Gray, L. William Krause, Joanne M. Maguire, Thomas J. Manning, Derrick A. Roman, Charles L. Treadway, Claudius E. Watts IV and Timothy T. Yates as directors, each for a term ending at the 2025 annual meeting, and ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for the 2024 fiscal year.
  • The stockholders also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers.
  • In addition, the stockholders approved additional shares under the company’s 2019 Long-Term Incentive Plan.

CommScope Reports First Quarter 2024 Results

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星期四, 五月 9, 2024
Technology, Mobile, Wireless, Other Technology, Telecommunications, Software, Networks, Internet, Hardware, Data Management, Sale, CommScope, CCS, OWN, ANS, EPS, NICS, GAAP, Bank

“As expected, our first quarter was a challenging quarter as we continued to deal with lower demand.

Key Points: 
  • “As expected, our first quarter was a challenging quarter as we continued to deal with lower demand.
  • Based on current visibility, we expect the first quarter to be the lowest revenue and adjusted EBITDA quarter of the year.
  • CommScope does not expect to begin to see a recovery in demand until in the second half of 2024.
  • Non-GAAP adjusted net loss for the first quarter of 2024 was $(20.3) million, or $(0.08) per share, versus $86.7 million, or $0.34 per share, in the first quarter of 2023.

In-building Wireless Market worth $35.5 billion by 2029- Exclusive Report by MarketsandMarkets™

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星期二, 四月 30, 2024
DAS, Internet, ROI, Social media, Internet of things, Hospital, Safety, CommScope, Small cell, ERA, Research, Corning, Research and development, MEA, Communication, Human, Ericsson, Urbanization, Environment, Tablet, Wireless, Intel, RAN, Radius, IRU, Workforce, Airport, Dell Technologies, Telephone, Growth, Radio access network, Mobile phone

The commercial campuses end user segment contributed the largest market share in the In-building Wireless Market during the forecast period.

Key Points: 
  • The commercial campuses end user segment contributed the largest market share in the In-building Wireless Market during the forecast period.
  • The deployment of in-building wireless solutions in these facilities is tailored to meet the varied connectivity requirements of diverse end users.
  • The training, support, and maintenance services segment is expected to register the highest CAGR in the In-building Wireless Market during the forecast period.
  • To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the In-building Wireless Market.

In-building Wireless Market worth $35.5 billion by 2029- Exclusive Report by MarketsandMarkets™

Retrieved on: 
星期二, 四月 30, 2024
DAS, Internet, ROI, Social media, Internet of things, Hospital, Safety, CommScope, Small cell, ERA, Research, Corning, Research and development, MEA, Communication, Human, Ericsson, Urbanization, Environment, Tablet, Wireless, Intel, RAN, Radius, IRU, Workforce, Airport, Dell Technologies, Telephone, Growth, Radio access network, Mobile phone

The commercial campuses end user segment contributed the largest market share in the In-building Wireless Market during the forecast period.

Key Points: 
  • The commercial campuses end user segment contributed the largest market share in the In-building Wireless Market during the forecast period.
  • The deployment of in-building wireless solutions in these facilities is tailored to meet the varied connectivity requirements of diverse end users.
  • The training, support, and maintenance services segment is expected to register the highest CAGR in the In-building Wireless Market during the forecast period.
  • To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the In-building Wireless Market.

Vantiva: Appointment of Katleen Vandeweyer as new Lead Independent Director of the Board of Directors

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星期四, 四月 25, 2024
Independent director, CommScope, Committee, Euronext Paris, Social responsibility, Audit committee, Acquisition, Lead, Independent, Remuneration, Van de Weyer, Management

Paris – April 25, 2024 – Vantiva (Euronext Paris: VANTI) today announced that Katleen Vandeweyer has been named the Lead Independent Director of the Vantiva Board of Directors following a recommendation from the Governance & Corporate Responsibility Committee at the Vantiva Board Meeting on April 24, 2024.

Key Points: 
  • Paris – April 25, 2024 – Vantiva (Euronext Paris: VANTI) today announced that Katleen Vandeweyer has been named the Lead Independent Director of the Vantiva Board of Directors following a recommendation from the Governance & Corporate Responsibility Committee at the Vantiva Board Meeting on April 24, 2024.
  • Vandeweyer replaces Dominique D’Hinnin, who resigned from his position on April 5 in accordance with the rules governing multiple directorships.
  • “Katleen Vandeweyer is a highly accomplished and competent executive and board director, and we look forward to her leadership role as Lead Independent Director of Vantiva.”
    Following the acquisition of CommScope in January 2024, Dominique D'Hinnin’s departure, and the recent arrival of new directors, Vantiva's Board of Directors has presented the new composition of its Committees:
    The Audit Committee is chaired by Katleen Vandeweyer, Independent Director.
  • The Remuneration & Talent Committee is chaired by Independent Director Laurence Lafont, and includes one independent member, Karine Brunet, and one non-independent member, Loïc Desmouceaux.

CommScope to Release First Quarter 2024 Financial Results on May 9

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星期四, 四月 18, 2024
Telecommunications, Software, Networks, Hardware, Data Management, Technology, Mobile, Wireless, Other Technology, CommScope, Video game

CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its first quarter 2024 financial results on Thursday, May 9, before the market opens.

Key Points: 
  • CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its first quarter 2024 financial results on Thursday, May 9, before the market opens.
  • The release will be followed by an 8:30 a.m. Eastern conference call in which management will discuss the results.
  • The live, listen-only audio of the call will be available through a link on the Events and Presentations page of CommScope’s Investor Relations website.
  • The webcast replay will be archived on CommScope’s website for a limited time following the conference call.

RUCKUS Networks Launches AI-Driven Solutions for Hospitality

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星期二, 四月 16, 2024
Mobile, Wireless, Networks, Internet, Hardware, Data Management, Other Travel, IOT (Internet of Things), Apps, Applications, Technology, Lodging, Travel, Artificial Intelligence, Telecommunications, IEEE 802.11be, PMS, Safety, CommScope, Policy, Business intelligence, Access Point (Antarctica), AP, Intelligence, SVP, Ruckus Networks, Universal Orlando, MTTR, Royal Garden Hotel, COMM, Organization

The turn-key suite builds on RUCKUS Networks’ worldwide leadership in hotel Wi-Fi®—offering solutions that work in harmony to deliver personalized and elevated guest experiences across hospitality brands and locations.

Key Points: 
  • The turn-key suite builds on RUCKUS Networks’ worldwide leadership in hotel Wi-Fi®—offering solutions that work in harmony to deliver personalized and elevated guest experiences across hospitality brands and locations.
  • The RUCKUS Networks hospitality suite features the following solutions:
    RUCKUS One Hospitality Edition : AI-driven, Converged Network Assurance and Business Intelligence platform tailored to the hospitality industry that helps to drive global brand standards and increase brand loyalty.
  • “The RUCKUS suite of hospitality solutions is purpose driven to meet two of the biggest needs in the hospitality industry: improving brand loyalty and operational efficiency,” stated Bart Giordano, SVP and president, Networking, Intelligent Cellular & Security Solutions, CommScope.
  • In other words, it’s never been easier or more cost-effective to deliver and maintain the best digital hospitality experiences.”
    For more information on the RUCKUS Networks suite of solutions for hospitality, please visit the RUCKUS Networks website .

Xplore Selects CommScope to Deploy High-Speed Fiber Broadband in Rural Ontario

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星期一, 四月 15, 2024
Technology, Mobile, Wireless, 5G, Carriers and Services, Satellite, Telecommunications, Networks, Hardware, Data Management, Professional services, Name, Internet, Telehealth, COMM, Government, CommScope, Internet service provider

CommScope (NASDAQ: COMM), a global leader in network connectivity, announced today a collaboration with Xplore Inc. to bring new rural broadband services to Ontario, Canada.

Key Points: 
  • CommScope (NASDAQ: COMM), a global leader in network connectivity, announced today a collaboration with Xplore Inc. to bring new rural broadband services to Ontario, Canada.
  • CommScope® Professional Services will be providing both design and permitting services for the new network, in addition to working closely with Xplore to source networking solutions.
  • And to find out more about CommScope’s rural broadband services and solutions, please, visit CommScope .
  • CommScope and the CommScope logo are registered trademarks of CommScope and/or its affiliates in the U.S. and other countries.

TIA and Fierce Network Launch Broadband Nation to Address the Labor Shortage Gap and Help Bring High Speed Internet to Every Home in America

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星期二, 四月 16, 2024
Internet, Information, AT&T, CommScope, TIA, DOCSIS, Communication, Partnership, Workforce, Interim, Telecommunications, Government, Digital divide, Telecommunications Industry Association, Knowledge, Internet service provider

ARLINGTON, Va. and NEW YORK, April 16, 2024 /PRNewswire/ -- The Telecommunications Industry Association (TIA), the trusted industry association for the connected world, and Questex, a leading information and events company with a robust telecommunications portfolio including Fierce Network, today announced the launch of Broadband Nation – a new digital platform that is designed to help attract, train and deliver the next generation of broadband workers to build and upgrade communications networks that will conquer the digital divide across the country.

Key Points: 
  • "Broadband Nation is a resource that will help deliver the critical workforce of tomorrow's communications infrastructure," said Paul Miller, CEO of Questex.
  • To address the substantial demand for broadband professionals, a considerable expansion is necessary in the availability of broadband skills training across the nation.
  • Broadband Nation will be complemented by an annual event, Broadband Nation Expo , which will be organized and hosted by Questex.
  • For partnership opportunities for Broadband Nation and Broadband Nation Expo, contact Scott Gruntorad at [email protected] .