Why Did Commscope Holding Stock Soar 36.71%? Amphenol's $10.5B Acquisition

On August 4, 2025, Commscope Holding's stock surged by 36.71% in pre-market trading, marking a significant rise in its share price.

Amphenol, a Connecticut-based company, is on the verge of acquiring CommScope Holding's broadband connectivity and cable unit in a deal valued at approximately $10.5 billion, including debt. This acquisition would be Amphenol's largest to date and would significantly enhance its presence in the communications infrastructure market. The transaction is expected to be finalized as early as Monday, barring any last-minute complications.

In May, CommScope Holding had been exploring the sale of its broadband connectivity and cable solutions division, which is its largest unit in terms of sales and operating income. This division provides essential infrastructure for mobile networks and antenna systems for cellular infrastructure in various settings, including venues, campuses, and enterprises.

Amphenol previously acquired CommScope's outdoor wireless network and distributed antenna systems businesses for $2.1 billion in cash last year. This latest deal would further solidify Amphenol's position in the communications infrastructure sector, leveraging CommScope's extensive network and technological expertise.