CommScope is close to announcing a transaction involving its struggling set-top and consumer premises equipment (CPE) business and could reveal those details as early as this week, industry sources tell Light Reading.
What still remains fuzzy is the nature of the transaction and whether it will result in an outright sale of the unit or the formation of a joint venture, possibly involving an original design manufacturer (ODM) or another type of manufacturing entity. It s also possible that CommScope will merely announce its intention to shed the unit, one source said.
CommScope declined to comment on this fresh round of industry scuttlebutt.