CommScope Is Considering Sale of Broadband Arm CCS

CommScope Holding Co. is exploring a sale of its broadband connectivity and cable arm, according to people with knowledge of the matter, as the network infrastructure firm unloads assets to repay debt.

The company is working with an adviser to gauge buyer interest in the business, known as CCS, said the people, who asked not to be identified discussing confidential information. CommScope is looking to fetch as much as $10 billion for CCS and has reached out to private equity firms and industry players, the people said.