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CommScope’s $2.1 B asset sale: A strategic lifeline or the beginning of the end?
In July of 2024, CommScope announced the $2.1 billion sale of its Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business to Amphenol. The sale represented a $550 million write down of its 2007 acquisition of the Andrew Corporation. On Feb. 3, Amphenol confirmed that the transaction closed with Amphenol announcing that the new division will inherit 4,000...