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.

Corporate Rebranding and Strategic Focus

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.

Aurora Networks® – Formerly Access Networks Solutions

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.

RUCKUS® Networks

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.

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.