Company is also reorganizing its remaining core business into four divisions, including a new Access Network Solutions unit led by cable industry vet Guy Sucharczuk.
DOCSIS and advanced HFC technologies will remain key areas for CommScope, but the vendor is set to launch a new XGS-PON platform in the coming months amid a broader, companywide transformation initiative.
CommScope expects chip and component shortages to impact full-year net sales by about $600 million, but the company is implementing price increases across all businesses to help offset the difference.