| HICKORY, N.C., Jan. 12 /PRNewswire-FirstCall/ -- CommScope, Inc.
(NYSE: CTV) announced today new pricing for enterprise cable
products due to escalating material costs. Prices for essentially
all Enterprise/Local Area Network products will be increased
approximately 3 percent to 7 percent, with implementation beginning
February 10, 2004.
"While we engage in vigorous cost management, many costs
continue to rise," said Randall W. Crenshaw, CommScope Executive
Vice President and General Manager, Network Products Group. "Prices
for copper rod and polymers have increased substantially over the
past 12 months.
"CommScope remains committed to providing outstanding customer
service and technology leadership to our customers. We believe that
recovery of escalating material costs will support a level of
product and service excellence that our customers expect."
About CommScope
CommScope is the world's largest manufacturer of broadband
coaxial cable for Hybrid Fiber Coaxial (HFC) applications and a
leading supplier of high- performance fiber optic and twisted pair
cables for LAN, wireless and other communications applications.
Through its relationship with OFS, CommScope has an ownership
interest in one of the world's largest producers of optical fiber
and cable and has access to a broad array of connectivity
components as well as technologically advanced optical fibers,
including the zero water peak optical fibers used in the production
of the LightScope ZWPTM and LaserCore(R) families of cable
products.
This press release includes forward-looking statements that are
based on information currently available to management,
management's 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. For a
more detailed description of the factors that could cause such a
difference, please see CommScope's filings with the Securities and
Exchange Commission. 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.
Visit CommScope at www.commscope.com
SOURCE CommScope, Inc.
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