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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

CommScope's $2.1 Billion Sale of Outdoor Wireless Networks Unit Buys Time, Hurts Profitability

CommScope.

Indebted tech vendor CommScope has announced the sale of its Outdoor Wireless Networks (OWN) and Distributed Antenna Systems (DAS) segments to Amphenol Corp. for $2.1 billion. 

Also read: CommScope Reports 38% Q4 Revenue Drop … But No Buyers To Ease Its Arduous $9 Billion Debt Load

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