From pay TV set-tops to the technology that goes into the DOCSIS-powered broadband networks of cable companies, CommScope has been long been one of the telecom business' more recognizable vendors.
But with its shares down once again Tuesday — more than 5% as of midday trading on the Nasdaq — the Hickory, N.C.-based company is challenged by more than $9 billion of debt and the very real potential of winding up in bankruptcy. Much of that debt is tied to CommScope's $7.4 billion purchase of Arris back in 2019.
