Stockholders of CommScope, Inc. (NYSE:CTV), a global leader in
infrastructure solutions for communication networks, approved three
proxy proposals at the company’s annual
stockholders meeting Friday.
CommScope stockholders elected June E. Travis and James N. Whitson as
Class II directors for terms ending in 2011, re-approved the material
terms of the performance goals set forth under the company’s
annual incentive plan, and ratified the appointment of Ernst & Young LLP
as the company's independent registered public accounting firm for the
2008 fiscal year.
CommScope Chairman and Chief Executive Officer Frank Drendel expressed
to stockholders his optimism about conditions in the global wireless,
enterprise and broadband markets. “Wireless
traffic and growth, the ongoing proliferation of 3G mobile data devices,
and bandwidth intensive applications continue to drive wireless and
wireline telecommunications operators and enterprises to invest in their
communications infrastructure,” said Drendel. “As
a leader in each of the markets we serve, we remain excited about the
opportunities ahead.”
About CommScope
CommScope, Inc. (NYSE:CTV) (www.commscope.com)
is a world leader in infrastructure solutions for communication
networks. Through its Andrew® brand, it is a
global leader in radio frequency subsystem solutions for wireless
networks. Through its SYSTIMAX®
and Uniprise®
brands, CommScope is a world leader in network infrastructure solutions,
delivering a complete end-to-end physical layer solution, including
cables and connectivity, enclosures, intelligent software and network
design services for business enterprise applications. It is also the
premier manufacturer of coaxial cable for broadband cable television
networks and one of the leading North American providers of
environmentally secure cabinets for DSL and FTTN applications. Backed by
strong research and development, CommScope combines technical expertise
and proprietary technology with global manufacturing capability to
provide customers with infrastructure solutions for evolving global
communications networks in more than 130 countries around the world.
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.
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