CommScope nearing transaction centered on CPE biz – sources | Light Reading

CommScope is close to announcing a transaction involving its struggling set-top and consumer premises equipment (CPE) business and could reveal those details as early as this week, industry sources tell Light Reading.

But the form of such a transaction remains hazy, as it could involve an outright sale or the formation of a joint venture designed to improve product margins and get the CPE business off of CommScope’s books.

Source: CommScope nearing transaction centered on CPE biz – sources | Light Reading