CommScope Holding Co Inc announced that they have filed documentation with US regulators for an initial public offering set to raise an estimated US$750 million. CommScope Holding Co Inc is the telecommunications equipment maker owned by the Carlyle Group LP, a leading private equity firm. Sources close to the deal told Reuters last July that the Carlyle Group was considering taking CommScope public and hired bankers to handle the public offering. The equipment maker intends to list is commons stock under the ticker "COMM" for the offering.

Network makers are now seeing an increase in sales from the telecom service providers who are set on upgrading their network system as they handle the flow of data traffic. The Hickory, North Carolina based company competes with Huawei Technologies Co, Emerson Electric Co and Amphenol Corp.

CommScope was privatized by Carlyle in 2011 for US$3.9 billion and listed Pierce, Fenner & Smith, Merrill Lynch, Deutsche Bank and J.P. Morgan as its lead underwriters for the transaction.