CommScope open to other alternatives for Home Networks unit
CommScope plans to spin off its Home Networks unit into an independent publicly traded company by Q1 2022, but that plan is not necessary set in stone. "The board is certainly open to any alternatives that might emerge along that journey to the extent that it creates more value than the contemplated path," Alex Pease, CommScope's EVP and CFO, said today on a call with reporters and analysts. The piece of the business to be spun-off by CommScope includes broadband and video CPE for service providers, along with a retail business that hawks modems, gateways and home networking gear. Click he...
Source: lightreading.com
