CommScope has sold its Connectivity and Cable Solutions segment to Amphenol Corporation, aiming to strengthen its financial stability and refocus on its core business.

Target Information

CommScope (NASDAQ: COMM) has successfully concluded its transaction to sell its Connectivity and Cable Solutions (CCS) segment to Amphenol Corporation (NYSE: APH). This definitive agreement, announced on August 4, 2025, marks a strategic shift for CommScope, which will use the sale's net proceeds to eliminate its outstanding debt and redeem preferred equity held by Carlyle Group (NASDAQ: CG). Following the sale and after implementing modest leverage on its remaining operations, the company anticipates having substantial excess cash available for distribution to shareholders as a dividend, expected to be no less than $10 per share within 60 to 90 days post-transaction. CommScope will transition and rebrand itself as Vistance™ Networks effective January 14, 2026, subsequently ceasing to operate under the CommScope name.

In addition to the overarching rebranding, its Access Networks Solutions segment will adopt the Aurora Networks® brand, which will continue to champion its reputation as a global leader in access network solutions. This segment provides comprehensive and innovative products designed for hybrid fiber-coaxial (HFC) and broadband networks, catering to international service providers. Furthermore, the RUCKUS® Networks segment will maintain its focus on developing advanced, purpose-built networking solutions tailored to meet the rigorous demands of various business environments, enhancing connectivity across industries.

Industry Overview in the United States

The telecommunications and networking industry in the United States has undergone significant transformations due to advancements in technology and shifts in consumer behavior. As demand for high-speed internet access continues to soar, service providers are increasingly investing in