CommScope Marks IPO, First Trading at NASDAQ Ceremony

NEW YORK--(BUSINESS WIRE)--Led by Chief Executive Officer Eddie Edwards (center), the senior leadership team of CommScope (NASDAQ: COMM), celebrates its initial public offering and first stock trading Friday, October 25, at the NASDAQ MarketSite in Times Square, New York City during the Opening Bell ceremony. CommScope, a global leader in infrastructure solutions for communications networks, re-entered the public trading market after becoming a private company in early 2011 following its acquisition by affiliates of The Carlyle Group.

CommScope has played a role in virtually all the world's best communication networks, providing connectivity and bandwidth solutions for wireless, business enterprise and residential broadband networks. The firm, based in Hickory, NC, offers radio frequency (RF) solutions, intelligent connectivity and cabling platforms, data center and intelligent building infrastructure and broadband access solutions. Though its extensive history, CommScope has been instrumental in the creation of cable television infrastructure, the first wireless networks, the first data centers and the first intelligent buildings. The company’s approximately 12,000 employees serve customers in more than 100 countries.

This press release includes forward-looking statements that are based on information currently available to management, management’s beliefs, as well as on a number of assumptions concerning future events. Forward-looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, which could cause the actual results to differ materially from those currently expected. In providing forward-looking statements, the company does not intend, and is not undertaking any obligation or duty, to update these statements as a result of new information, future events or otherwise.