Comtech announces transformation strategy and capital structure update

Chandler, ariz.--(business wire)--comtech (nasdaq: cmtl) (the “company”), a global technology leader, today announced that its board of directors and management team are executing a strategy to transform comtech into a pure-play satellite and space communications company and provided a capital structure update. ongoing and future actions supporting comtech's transformation strategy include: an exploration of strategic alternatives for the company's terrestrial & wireless networks (“t&w”.
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