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CommScope sells its cable unit to Amphenol, rebrands as Vistance Networks, and will pay $10/share dividend with no debt.
CommScope has completed the sale of its Connectivity and Cable Solutions business to Amphenol, rebranding the remaining company as Vistance Networks, which will begin trading under the ticker VISN on Nasdaq on January 14, 2026.
The company will focus on Aurora Networks, providing access network solutions, and RUCKUS Networks, offering Wi-Fi and cloud-managed networking.
Proceeds will eliminate all debt, redeem preferred equity, and fund a dividend of at least $10 per share within 90 days.
Vistance expects significant excess cash and plans modest leverage.
The move reflects a strategic shift toward a focused portfolio aligned with industry trends.
CommScope vende su unidad de cable a Amphenol, cambia de nombre a Vistance Networks, y pagará un dividendo de 10 dólares por acción sin deuda.