Less than three years ago, Carlyle Group LP took over CommScope Holding Company. The latter is a telecommunications equipment provider that was acquired for US$3.9 billion. On Tuesday, two sources familiar with the matter said that Carlyle is looking to set an initial public offering (IPO) for CommScope.

The private equity firm is in talks with investment banks about a possible listing of CommScope. Sources added that the listing would transpire this year depending on market conditions.

Carlyle has yet to hire underwriters to handle the proposed offering according to same sources who asked not to be named as talks were not held public.

Representatives for Carlyle refused to give comments about the report. CommScope spokespeople were not available to issue statements.

In January of 2011, Carlyle took CommScope private. Carlyle is active in acquiring companies with an eye of selling them at a big profit after their portfolio is set public.