Copper Mountain Networks Explores Strategic Options

Copper Mountain Networks, a supplier of broadband access solutions, has retained Raymond James & Associates to explore strategic options, including a possible sale of the company.



Copper Mountain said the recent cancellation of a large carrier broadband upgrade project and potential delays in decisions from several other large carriers made it necessary to explore these options. The company's VantEdge provides high-density interfaces for aggregation from T1/E1 for remote DSLAMs and access points, to OC-12/STM-4 and Gigabit Ethernet for video delivery to DSLAMs and PON OLT (Passive Optical Network Optical Line Termination) devices. http://www.coppermountain.com