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CommScope struggles with supply and demand for set-tops and gateways
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CommScope (NASDAQ:COMM) - COMM Shares Are Trading Higher On Q1 Earnings Beat
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462-bed student scheme next to River Soar sells for £35.6m
The Tannery will have a cinema room, games room, fitness studio, lounges and study areas
The 462-bed Tannery student scheme in Leicester s Waterside regeneration area
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A big student accomodation scheme being built near the River Soar in Leicester has been sold for £35.6 million.
CommScope plans to spin off its Home Networks unit into an independent publicly traded company by Q1 2022, but that plan is not necessary set in stone. The board is certainly open to any alternatives that might emerge along that journey to the extent that it creates more value than the contemplated path, Alex Pease, CommScope s EVP and CFO, said today on a call with reporters and analysts.
The piece of the business to be spun-off by CommScope includes broadband and video CPE for service providers, along with a retail business that hawks modems, gateways and home networking gear.
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Former HMRC offices in Swansea to be turned into 350-bed student accommodation
The site close to the train station is believed to be worth £35 million
Updated
CGI of the student accommodation at the former HMRC building in the heart of Swansea city centre (Image: INFINITE 3D)
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