Overview Key strengths Key risks Substantial scale and leading market positions in wireless and broadband communications equipment Very high leverage of over 10x and negative free cash flow for 2021 Core broadband, wireless, and venue connectivity businesses have shown robust topline performance on growing carrier network and 5G investment Volatile customer capital spending gives little visibility into revenue and future demand Adequate liquidity and no material debt maturities before 2026 Supply chain challenges as well as higher commodity and freight costs will continue to pressure profitability and growth through 2022 CommScope's core Broadband, Outdoor Networks, and Venue&Campus businesses rebounded from a challenging 2020 with revenue (excluding Home Networks) growing by 12% in 2021 despite capacity constraints and supply
