By Sabela Ojea

CommScope Holding Co. said Wednesday that it is expanding its fiber-optic cable production to increase the rollout of broadband across U.S. rural areas.
The network infrastructure provider plans to invest $47 million in fiber-optic cable production to meet the needs of underserved areas through the introduction of a new Heliarc fiber-optic cable.

CommScope’s investment supports President Biden’s $1 trillion infrastructure law, approved late in 2021.
“With today’s announcement of a $47 million investment, CommScope is demonstrating its commitment to our once-in-a-generation infrastructure moment,” said Gina Raimondo, U.S. Secretary of Commerce.
Heliarc is a smaller and lighter-weight cable that allows faster installation and lower cost of deployment, CommScope said.
At 15:08 E.T., shares were up 2.4% at $6.11.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix