From Yahoo Finance: 2025-05-23 20:18:00

CommScope Holding Company, Inc. (COMM) is considering selling its broadband connectivity and cable division, CCS, to reduce debt. The company aims to raise up to $10 billion from the sale, approaching private equity firms and industry players for interest. CCS provides high-speed broadband solutions for internet providers and connectivity products for data centers.

CommScope is also exploring selling the entire company, with CCS being its largest segment in terms of sales and operating income. Discussions are in early stages, with no certainty of a deal. Last year, the company sold its mobile networks business and refinanced $4.3 billion in debt to reduce leverage.

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Read more at Yahoo Finance: CommScope Holding Company, Inc. (COMM) Explores Potential Sale of Broadband Unit CCS