HICKORY, N.C.--(BUSINESS WIRE)--
CommScope, Inc., a global leader in infrastructure solutions for
communications networks, has been informed that the Federal Trade
Commission and the Antitrust Division of the U.S. Department of Justice
have granted early termination of the waiting period under
Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in
connection with the previously announced agreement to acquire TE
Connectivity's Telecom, Enterprise and Wireless businesses.
CommScope continues to expect that the transaction will close by the end
of this year, subject to contemplated financing, the remaining
regulatory approvals and other customary closing conditions.
About CommScope
CommScope
(NASDAQ: COMM) helps companies around the world design, build and manage
their wired and wireless networks. Our network infrastructure solutions
help customers increase bandwidth; maximize existing capacity; improve
network performance and availability; increase energy efficiency; and
simplify technology migration. You will find our solutions in the
largest buildings, venues and outdoor spaces; in data centers and
buildings of all shapes, sizes and complexity; at wireless cell sites
and in cable headends; and in airports, trains, and tunnels. Vital
networks around the world run on CommScope solutions.
This press release includes forward-looking statements that are based on
information currently available to management, management's beliefs, as
well as on a number of assumptions concerning future events.
Forward-looking statements are not a guarantee of performance and are
subject to a number of uncertainties and other factors, which could
cause the actual results to differ materially from those currently
expected. In providing forward-looking statements, the company does not
intend, and is not undertaking any obligation or duty, to update these
statements as a result of new information, future events or otherwise.
News Media Contact:
CommScope
Rick Aspan, +1
708-236-6568
publicrelations@commscope.com
Investor
Contacts:
CommScope
Philip Armstrong, +1 828-323-4848
Jennifer
Crawford, +1 828-323-4970
Source: CommScope
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