Commscope focuses on broadband expansion and enterprise networks – Analysts see 35% chance!

Commscope (COMM) will continue to be a leading provider of network infrastructure and communication solutions, delivering the most advanced wired and wireless networks worldwide. With the proceeds of $10.5 billion from the sale of its cable and connectivity business to direct competitor Amphenol (APH), existing debts will be fully repaid and profitable growth areas will be expanded. The so-called "RemainCo" focuses on expanding broadband networks and 5G infrastructure through Access Network Solutions (ANS), and with Ruckus on WiFi-7 access...