Our portfolio of end-to-end solutions includes critical infrastructure our customers need to build high-performing wired and wireless networks. They got ARRIS (decent) severance as required by the acquisition agreement. CommScope has played a role in virtually all the world’s best communication networks. Prepare yourself, it'll be bumpy for all of us at commscope - if you thought 2013 sucked, waith a month or twoDoes anyone know which business units had layoffs today? We review our entire business to make our organization lean and agile, and to leverage global growth opportunities," a company official said in an emailed statement. The cuts also enter the picture as the company's Home Network's division, which makes and sells set-top boxes, gateways and other types of consumer premises equipment (CPE), continues to wrestle with reduced investments by service providers on video equipment and content.Meanwhile, some major and mid-tier US service providers have begun to pivot away from traditional set-top boxes and/or have embraced the use of retail streaming platforms.CommScope, which completed its merger with Arris about a year ago, said CPE sales dropped 25% in the fourth quarter of 2019.
We plan to lead in the transformation of the digitally connected home, leveraging our core skills in systems, software, and hardware to create and connect a device ecosystem that enables new services and solutions, transformational consumer experiences, and profitable new business models. Was it just Home Networks? "CommScope continuously monitors evolving marketplace conditions as a matter of business practice. The company hasn’t publicly discussed any layoffs. But last week AT&T announced it lost 1.03 million video subs in Q1 while Verizon shed just 84,000 in the period.CommScope didn't disclose the number of employees being laid off, but noted that it represented a "very small percentage" of its global workforce. We create the infrastructure that connects people and technologies through every evolution. As much as technology change
"© 2020 Light Reading, part of Informa Tech, a division of Informa PLC.First quarter results from all major pay-TV providers are still to come (Comcast and Charter Communications, for example, report later this week). The combination of CommScope and ARRIS, on a pro forma basis, would create a company with approximately $11.3 billion in revenue and adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of approximately $1.8 billion, based on results for the two companies for the 12 months ended September 30, 2018.
CommScope filed patent infringement lawsuits against SOLiD, a manufacturer of distributed antenna systems (DAS) based in South Korea. "AT&T's new AT&T TV service, for example, is centered on a 4K-capable Android TV box, and Verizon's new Mix & Match leads with broadband and steers customers to the YouTube TV streaming service. We are committed to positioning Home Networks to be a healthy, competitive business moving forward. Chatter among current and former CommScope employees on TheLayoff indicates that CommScope’s entire video customer premises equipment (CPE) staff based Horsham, Pennsylvania has been let go. Can't even find what the benefits are at commscope..ie PTO so Arris set-top folks probably won't get a good severance. But … WideOpenWest, a longtime Arris/CommScope customer, is testing a streaming service called WOW! Bruce McClelland, who led Arris’ purchase of Brocade ’s Ruckus Wireless and ICX Switch business, has left CommScope where he had served as COO following its purchase of Arris … Not a peep from mgmt.