CommScope Exploring Asset Sales to Wrangle $9 Billion Debt Load

Telecommunications infrastructure company CommScope Holding Co. is exploring divesting its Ruckus Wireless business as well as its access network solutions business and using the proceeds to pay down debt, according to people with knowledge of the matter.

The businesses together could generate $4 billion, the people said, and CommScope is working with financial advisers to assess its options. The company has over $9 billion in long-term debt, with around half of its obligations coming due in 2025 and 2026.

CommScope shares jumped as much as 7.4% to $3.34 after Bloomberg reported on the potential asset sales. The company’s plans aren’t ...