CommScope a global provider of network infrastructure solutions, has signed a definitive agreement to sell its Connectivity and Cable Solutions (CCS) division to Amphenol Corporation for approximately $10.5 billion in cash. The transaction is expected to close in the first half of 2026, pending regulatory approvals and a shareholder vote, which is mandated under Delaware law due to the scale of the deal.
Net proceeds from the transaction, after taxes and associated expenses, are projected to be around $10 billion. CommScope intends to use the funds to clear all outstanding debt, redeem preferred equity held by Carlyle Group and apply modest leverage to its ongoing operations. Following these steps, the company anticipates having substantial surplus cash, which it plans to distribute to shareholders as a dividend within 60 to 90 days post-closing.
Commenting on the announcement, CommScope CEO Chuck Treadway described the move as a significant milestone for the company. “This agreement unlocks shareholder value, provides immediate returns to investors, and allows us to sharpen our focus on our remaining business segments,” he said. The divestment is expected to bolster the company’s financial position and pave the way for long-term growth.
Following the sale, CommScope will continue to operate its ANS and RUCKUS segments, with a renewed focus on developing advanced networking technologies. The leadership expressed confidence in the ability of these units to innovate and deliver value to stakeholders.
The CCS unit is set to join Amphenol’s extensive portfolio of interconnect and network solution offerings. CommScope expects the transition to enhance the performance of CCS under new ownership while enabling CommScope to concentrate resources on strategic areas with growth potential.
