CommScope to Sell Connectivity and Cable Solutions Segment to Amphenol for $10.5 Billion

CommScope, a global leader in network connectivity, has entered into a definitive agreement to sell its Connectivity and Cable Solutions (CCS) segment to Amphenol Corporation for approximately $10.5 billion in cash. The sale is expected to close within the first half of 2026, subject to customary closing conditions, including receipt of applicable regulatory approvals and the affirmative vote of the shareholders. After repaying all debt, redeeming all preferred equity, and adding modest leverage on the remaining business, the Company will have significant excess cash, which it expects to distribute to shareholders as a dividend within 60 to 90 days following the closing of the proposed transaction. The CCS business is positioned to continue to perform well under Amphenol's leadership.