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Broadband Briefs for 06/01/09

Mon, 06/01/2009 - 9:00am

CommScope sets termination date for some debt
By The Associated Press

HICKORY, N.C. (AP) – CommScope Inc., a network infrastructure company, on Friday set a deadline for converting a certain class of the company's debt into shares of stock.

CommScope said after June 18, its 3.5 percent convertible senior subordinated debentures due 2024 may not be converted into common stock.

Debt holders will receive additional shares as make-whole payments under the terms of the notes.

More Broadband Direct 06/01/09:
•  Path to networked DVR is almost clear
•  Starent to enable wireless multimedia for Cox
•  Cisco addition increases technology clout in Dow
•  Clearwire names vendors; Cisco joins WiMAX Forum board
•  FMC features on Alteva's hosted VoIP
•  Sprint Launches New Developer Sandbox
•  U.S. outlines argument against ex-Qwest CEO's appeal
•  SCTE seeks nominees for its annual safety awards
•  Court upholds not guilty verdict in Samsung case
•  Broadband Briefs for 06/01/09

 

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