CommScope Completes Divestiture of Connectivity and Cable Solutions Segment and Rebrands Parent Company

RICHARDSON, Texas--(BUSINESS WIRE)--CommScope (NASDAQ: COMM), announced today the closing of the transaction to sell its Connectivity and Cable Solutions (CCS) segment to Amphenol Corporation (NYSE: APH). The Company announced the signing of a definitive agreement for the transaction on August 4, 2025. After paying fees and expenses associated with the transaction, the proceeds from the sale will be used to repay all outstanding debt and redeem all preferred equity, which is held by global investment firm Carlyle (NASDAQ: CG). After adding modest leverage on the remaining business, the Company will have significant excess cash. The Company expects to distribute excess cash to shareholders as a dividend within 60 to 90 days of transaction closing. The dividend is expected to be no less than $10 per share, but the exact amount and timing of the dividend will be determined by the Company after taking into account all relevant factors.

The Company will be renamed Vistance™ Networks effective January 14, 2026, as the “CommScope” name and brand will convey with CCS. Vistance Networks will lean into a revitalized and more focused portfolio as the parent company to its Access Networks Solutions (ANS) and RUCKUS Networks businesses.

In addition, the Access Networks Solutions segment will be rebranded as Aurora Networks®. Aurora Networks will continue its position as a world leader in providing access network solutions. Its comprehensive, end-to-end product portfolio supports global service providers with innovative, leading-edge HFC and broadband network products.

The RUCKUS® Networks segment develops purpose-driven networking solutions, enabling positive business outcomes in the world’s most demanding environments. An industry leader in innovation, the RUCKUS Networks portfolio includes award-winning Wi-Fi, switching and cloud-managed platforms.

“CommScope has a long history as an industry leader in networking solutions across a broad portfolio,” said Chuck Treadway, CEO. “With the sale complete, CCS is positioned to do well under Amphenol, and RUCKUS Networks and Aurora Networks will continue to execute a clear vision on next-generation solutions. As the world’s foremost authority in access network and purpose-driven network solutions, we will move forward with the same commitment to design and deliver intelligent solutions with the same level of experience and service that our customers and partners have come to expect and trust.”

COMM shares will begin trading as VISN on the NASDAQ exchange on Wednesday, January 14, 2026.

Advisors

Evercore is acting as financial advisor to CommScope. Alston & Bird LLP are acting as legal advisors to CommScope.

CommScope and the CommScope logo are registered trademarks of CommScope and/or its affiliates in the U.S. and other countries. Vistance Networks, Aurora Networks, and RUCKUS Networks and their associated logos are registered trademarks of Vistance Networks, Inc. and/or its affiliates in the U.S. and other countries. For additional trademark information see https://www.commscope.com/trademarks and https://www.vistancenetworks.com/trademarks. All other product names, trademarks and registered trademarks are property of their respective owners.

About CommScope

CommScope (NASDAQ: COMM) is pushing the boundaries of technology to create the world’s most advanced wired and wireless networks. Our global team of employees, innovators and technologists empower customers to anticipate what’s next and invent what’s possible. Discover more at www.commscope.com.

About Vistance Networks

Vistance Networks shapes the future of communications technology, pushing past what is possible. We deliver solutions that bring reliability and performance to a world always in motion. Our global team of innovators and employees are trusted advisors who listen to customers first, then deliver value. Discover more at www.vistancenetworks.com.

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Forward Looking Statements

This communication includes certain statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect our current views with respect to future events and financial performance. These forward-looking statements include all statements that are not historical facts, and are generally identified by their use of such terms and phrases as “intend,” “goal,” “estimate,” “expect,” “project,” “projections,” “plans,” “potential,” “anticipate,” “should,” “could,” “designed to,” “foreseeable future,” “believe,” “think,” “scheduled,” “outlook,” “target,” “guidance” and similar expressions, although not all forward-looking statements contain such terms. This list of indicative terms and phrases is not intended to be all-inclusive.

These forward-looking statements are subject to various risks and uncertainties, many of which are outside our control, including, without limitation, exceeding the expected costs of the transaction; our dependence on customers’ capital spending on data, communication and entertainment equipment, which could be negatively impacted by a regional or global economic downturn, among other factors; the potential impact of higher than normal inflation; concentration of sales among a limited number of customers and channel partners; risks associated with our sales through channel partners; changes to the regulatory environment in which we and our customers operate; changes in technology; industry competition and the ability to retain customers through product innovation, introduction, and marketing; changes in cost and availability of key raw materials, components and commodities and the potential effect on customer pricing and timing of delivery of products to customers; risks related to our ability to implement price increases on our products and services; risks associated with our dependence on a limited number of key suppliers for certain raw materials and components; risks related to the successful execution of CommScope NEXT and other cost saving initiatives; potential difficulties in realigning global manufacturing capacity and capabilities among our global manufacturing facilities or those of our contract manufacturers that may affect our ability to meet customer demands for products; possible future restructuring actions; the risk that our manufacturing operations, including our contract manufacturers on which we rely, encounter capacity, production, quality, financial or other difficulties causing difficulty in meeting customer demands; the ability to recognize the expected benefits of the sales of the CCS segment, the OWN segment and DAS business unit and Home business (the “Transactions”), including the expected financial performance of CommScope following the Transactions; the effect of the Transactions on the ability of CommScope to retain and hire key personnel and maintain relationships with its key business partners and customers, and others with whom it does business, or on its operating results and businesses generally; the response of CommScope’s competitors, creditors and other stakeholders to the Transactions; potential litigation relating to the Transactions; our ability to integrate and fully realize anticipated benefits from prior or future divestitures, acquisitions or equity investments; possible future additional impairment charges for fixed or intangible assets, including goodwill; our ability to attract and retain qualified key employees; labor unrest; product quality or performance issues, including those associated with our suppliers or contract manufacturers, and associated warranty claims; our ability to maintain effective management information technology systems and to successfully implement major systems initiatives; cyber-security incidents, including data security breaches, ransomware or computer viruses; the use of open standards; the long-term impact of climate change; significant international operations exposing us to economic risks like variability in foreign exchange rates and inflation, as well as political and other risks, including the impact of wars, regional conflicts and terrorism; our ability to comply with governmental anti-corruption laws and regulations worldwide; the impact of export and import controls and sanctions worldwide on our supply chain and ability to compete in international markets; changes in the laws and policies in the United States affecting trade, including the risk and uncertainty related to tariffs or potential trade wars and potential changes to laws and policies, that may impact our products and costs; the costs of protecting or defending intellectual property; costs and challenges of compliance with domestic and foreign social and environmental laws; the impact of litigation and similar regulatory proceedings in which we are involved or may become involved, including the costs of such litigation; the scope, duration and impact of disease outbreaks and pandemics, such as COVID-19, on our business, including employees, sites, operations, customers, supply chain logistics and the global economy; our stock price volatility; income tax rate variability and ability to recover amounts recorded as deferred tax assets; and other factors beyond our control. These and other factors are discussed in greater detail in our annual report on Form 10-K for the year ended December 31, 2024, as updated in our quarterly report for the quarter ended September 30, 2025 and may be updated from time to time in our annual reports, quarterly reports, current reports and other filings we make with the Securities and Exchange Commission. Although the information contained in this press release represents our best judgment as of the date of this release based on information currently available and reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. Given these uncertainties, we caution you not to place undue reliance on these forward-looking statements, which speak only as of the date made. We are not undertaking any duty or obligation to update this information to reflect developments or information obtained after the date of this press release, except to the extent required by law.

Source: CommScope