CommScope Hookup With TE Completed

August 28, 2015

by J. Sharpe Smith —

August 28, 2015 — The ink has dried on CommScope Holding Company’s purchase TE Connectivity’s telecom, enterprise and wireless businesses in a a $3 billion all-cash deal.

“[The transaction] will enable us to accelerate industry innovation, solve more wired and wireless challenges with an enhanced fiber portfolio, and better serve global customers in more markets around the world,” Rick Aspan, CommScope spokesman said.

The new CommScope has 25,000 employees, with a presence in all major geographic regions. It will provide indoor and outdoor wireless networks; data centers and central offices; connected and efficient buildings; and access and backhaul networks. For the near term, the newly-acquired TE Connectivity Broadband Network Solutions businesses will be operated as one of CommScope’s business segments, alongside of existing CommScope’s wireless, enterprise and broadband segments.

“One of the most significant benefits of the BNS acquisition for existing CommScope wireless customers is our newly enhanced fiber backhaul portfolio, which will provide access to industry-leading fiber connectivity,” Aspan said. “As customers consider microwave or fiber backhaul, CommScope will have the right solutions and expertise to support their needs.”

Commscope expects to realize $150 million in savings across all areas of the company by 2018 as the two concerns are integrated. The company now boasts ownership of 9,800 patents, an R&D budget of more than $200 million annually and additional DAS products.

“Our customers also will have access to an expanded portfolio of DAS and cell site services, including digital DAS solutions,” Aspan said.