{"id":766141,"date":"2023-06-26T18:41:08","date_gmt":"2023-06-26T22:41:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/commscopes-ceo-attends-white-house-event-on-broadband-access-for-all\/"},"modified":"2023-06-26T18:41:08","modified_gmt":"2023-06-26T22:41:08","slug":"commscopes-ceo-attends-white-house-event-on-broadband-access-for-all","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/commscopes-ceo-attends-white-house-event-on-broadband-access-for-all\/","title":{"rendered":"CommScope\u2019s CEO Attends White House Event on Broadband Access for All"},"content":{"rendered":"

<\/p>\n

CommScope\u2019s CEO Attends White House Event on Broadband Access for All<\/b><\/p>\n

CommScope is committed to bringing affordable reliable internet service to underserved communities<\/i><\/p>\n

HICKORY, N.C.–(BUSINESS WIRE<\/a>)–
\nChuck Treadway, CEO of CommScope<\/a> (NASDAQ: COMM), attended a White House event this morning to represent leaders in fiber-optic cable manufacturing. At the event, President Biden and Vice-President Harris announced the state allocations available as a part of their \u201cInternet for All\u201d program. The funding, a component of the Broadband Equity, Access, and Deployment (BEAD) program, totals $42.5 billion in eligible grants through states, Washington, D.C., U.S. territories and Puerto Rico, and can be used to deploy or upgrade broadband networks.<\/p>\n

\n\u201cWe are honored to be included in the White House announcement today. Access to broadband is a necessity for new economic opportunities, whether that be through jobs, education, telehealth or simply staying connected,\u201d noted Chuck Treadway, president and CEO, CommScope. \u201cOur goal to bring \u2018Broadband for Everyone\u2019 is one of many reasons we innovate and make technology advancements like our new HeliARC fiber-optic cable. Manufactured here in the U.S., this cable is ideal for rural deployment, making affordable reliable high-speed internet access for all an attainable goal. We are pleased to see the Administration make significant investments to bring everyone online and are proud to manufacture the fiber-optic cable and solutions to help our partners bring connections to the underserved communities. We are also excited to work with all the states and their partners to bring broadband and digital equity to America.\u201d<\/p>\n

\nHeliARC\u2122 fiber-optic cable is smaller and lighter-weight allowing for faster installation and lower cost of deployment. Its reduced size and weight permits more product to move in one shipment, thereby lowering shipping costs and making it a more sustainable and environmentally friendly product.<\/p>\n

\nCommScope has the capacity, in its U.S. facilities, to manufacture drop cable at rate of approximately 2 billion feet per year. We will continue to evaluate other opportunities to meet the needs of the BEAD program.<\/p>\n

CommScope and the CommScope logo are registered trademarks of CommScope and\/or its affiliates in the U.S. and other countries. For additional trademarks information see <\/i>https:\/\/www.commscope.com\/trademarks<\/a><\/i>. <\/i>All product names, trademarks and registered trademarks are property of their respective owners.<\/i><\/p>\n

About CommScope:<\/b><\/p>\n

\nCommScope (NASDAQ: COMM) is pushing the boundaries of technology to create the world\u2019s most advanced wired and wireless networks. Our global team of employees, innovators and technologists empower customers to anticipate what\u2019s next and invent what\u2019s possible. Discover more at www.commscope.com<\/a>.<\/p>\n

\nFollow us on Twitter<\/a> and LinkedIn<\/a> and like us on Facebook<\/a>.
\n
Sign up for our press releases<\/a> and blog posts<\/a>.<\/p>\n

This press release includes forward-looking statements that are based on information currently available to management, management\u2019s beliefs, as well as on a number of assumptions concerning future events. Forward-looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, which could cause the actual results to differ materially from those currently expected. In providing forward-looking statements, the company does not intend, and is not undertaking any obligation or duty, to update these statements as a result of new information, future events or otherwise.<\/i><\/p>\n

Source: CommScope<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230626178240\/en\/<\/a><\/span><\/p>\n

News Media Contact:
\n<\/b>
Luke Hamer
\n
Luke.Hamer@commscope.com<\/a><\/p>\n

Financial Contact:
\n<\/b>
Massimo DiSabato, CommScope
\n
+1-630-281-3413<\/p>\n

KEYWORDS:<\/b> United States North America North Carolina<\/p>\n

INDUSTRY KEYWORDS:<\/b> Data Management Technology Telecommunications Mobile\/Wireless Networks Internet Hardware<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

CommScope\u2019s CEO Attends White House Event on Broadband Access for All CommScope is committed to bringing affordable reliable internet service to underserved communities HICKORY, N.C.–(BUSINESS WIRE)– Chuck Treadway, CEO of CommScope (NASDAQ: COMM), attended a White House event this morning to represent leaders in fiber-optic cable manufacturing. At the event, President Biden and Vice-President Harris announced the state allocations available as a part of their \u201cInternet for All\u201d program. The funding, a component of the Broadband Equity, Access, and Deployment (BEAD) program, totals $42.5 billion in eligible grants through states, Washington, D.C., U.S. territories and Puerto Rico, and can be used to deploy or upgrade broadband networks. \u201cWe are honored to be included in the White House announcement today. Access … <\/p>\n

Continue reading “CommScope\u2019s CEO Attends White House Event on Broadband Access for All”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-766141","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCommScope\u2019s CEO Attends White House Event on Broadband Access for All - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/commscopes-ceo-attends-white-house-event-on-broadband-access-for-all\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CommScope\u2019s CEO Attends White House Event on Broadband Access for All - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CommScope\u2019s CEO Attends White House Event on Broadband Access for All CommScope is committed to bringing affordable reliable internet service to underserved communities HICKORY, N.C.–(BUSINESS WIRE)– Chuck Treadway, CEO of CommScope (NASDAQ: COMM), attended a White House event this morning to represent leaders in fiber-optic cable manufacturing. At the event, President Biden and Vice-President Harris announced the state allocations available as a part of their \u201cInternet for All\u201d program. The funding, a component of the Broadband Equity, Access, and Deployment (BEAD) program, totals $42.5 billion in eligible grants through states, Washington, D.C., U.S. territories and Puerto Rico, and can be used to deploy or upgrade broadband networks. \u201cWe are honored to be included in the White House announcement today. 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