Amphenol Corporation has reached a definitive agreement to acquire the Connectivity and Cable Solutions (CCS) division of CommScope for $10.5 billion in cash. The acquisition marks one of the largest recent deals in the global connectivity sector and is expected to significantly reshape both companies’ strategic focus.
CommScope, a publicly traded network connectivity provider listed on NASDAQ under the ticker COMM, will divest its CCS unit as part of a broader restructuring effort.
The transaction, which is subject to regulatory approvals and shareholder consent under Delaware law, is projected to close in the first half of 2026. Upon completion, CommScope expects to net approximately $10 billion after taxes and transaction-related expenses. The company plans to use the proceeds to eliminate all outstanding debt and redeem its preferred shares, currently held by private equity firm Carlyle Group.
Fiber Optics, Cable Assemblies
CommScope intends to return a portion of the excess capital to shareholders in the form of a dividend within 60 to 90 days after the transaction closes. The final amount and timing will be determined based on post-closing financial conditions.
CommScope CEO Chuck Treadway described the deal as a “transformative” step for the company, noting that it not only unlocks shareholder value but also positions CommScope’s remaining businesses – ANS and RUCKUS – for future growth. Both units will continue focusing on delivering next-generation networking solutions.
Under Amphenol’s ownership, the CCS division is expected to continue its strong performance. The acquisition would strengthen Amphenol’s portfolio in the global communications and data infrastructure market, enhancing its capabilities in fiber optics, cable assemblies, and high-speed connectivity solutions.
