Thread regarding Commscope Inc. layoffs

Kinda surprised

that this company is not bankrupt yet.

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| 2931 views | | 9 replies (last November 7, 2021) | Reply
Post ID: @OP+1dFXtayE

9 replies (most recent on top)

Yeah taking them private is the most viable option .. CS can’t sustain scrutiny from street for a few more quarters. and at least a year is required before the global supply chain is sorted out. Normally a earnings miss is accompanied with some re-sizing which was surprisingly not there. This all indicates a private push, likely at $15.

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Post ID: @2chv+1dFXtayE

Years of business and revenue has nothing to do with a business’s going concern. If Carlyle was not there to protect there investment and the billions in return they plan to make, CS would be close to bankruptcy. My bet is Carlyle is going to take them private and right size the broken ship and walk away with billions like before.

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Post ID: @1ygi+1dFXtayE

@vop+1dFXtayE Still at 9B.

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Post ID: @1dot+1dFXtayE

Can someone confirm cS's debt?
Is it still nine billion dollars?
Or has it gone down?

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Post ID: @vop+1dFXtayE

How much in debits?

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Post ID: @mle+1dFXtayE

@vnh+1dFXtayE

Radio Shack...MCI/WorldCom...Enron...those are just the first ones that come to mind.

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Post ID: @ghb+1dFXtayE

Not close? (@ response to far bottom comment)

Okay 1 for starters, CS Leadership is not scheduling a special November meetin' to dog and pony up with our investors on how we might stay afloat?

And 2 how much did they overpay in acquisitions that were JUST F'n WRONG?

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Post ID: @pwx+1dFXtayE

The ARRIS acquisition was a blunder that brought CS to its knees. The leadership at HN is old school GI and are milking their paychecks for as long as they can, the peons are paying the price for their missteps since 2013, they foolishly clung on to Set top business knowing fairly well that the cord cutting trend was on the rise. The previous GM was surrounded by yes men who never had the backbone to disagree with his near sighted decisions.

They were overly reliant on ISP's coming up with bundles and stuff to keep their pay TV customers active, which obviously didn't pan out. RUCKUS and DAS sales have decreased YoY, the product line is getting creamed by HP and Meraki in terms of performance and UX.

For CS to turn around they need to cut off HN ASAP and pick an engineering leader to co-pilot the Ruckus BU with a sales focused GM acting as the captain.Move over to subscription model once you have a competitive solution while they are at it.

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Post ID: @lkz+1dFXtayE

It's been in business for 45 years. Over 8 billion in revenue. Bankrupt? Not even close.

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Post ID: @vnh+1dFXtayE

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