CommScope acquires TE Connectivity's network business for $3 billion
Client(s) CommScope Holding Company, Inc.
Jones Day acted as worldwide antitrust counsel to CommScope Holding Company, Inc., a global network infrastructure and connectivity provider based in North Carolina, on its $3 billion acquisition of the Telecom, Enterprise and Wireless business of Switzerland-based electronics company TE Connectivity Ltd. The transaction is expected to provide CommScope with the opportunity to expand into the adjacent wireline telecom networks/fiber-to-the-X (FTTx) market and meet the steadily growing demand for broadband services in developed and emerging markets.