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CommScope company history timeline

1976

1976 CommScope is bought by a management-led investor group.

1977

1977 CommScope is merged with Valtec.

1979

In 1979 Valtech donated fiber optics line and equipment to link the United States House of Representatives to the C-SPAN studios, enabling live broadcasting of United States Congressional proceedings for the first time.

1983

In 1983 CommScope established its Network Cable division to become involved in making cable for computer networks and other specialized wire markets.

1986

CommScope swapped corporate parents in 1986 when the Cable Home Group was sold to General Instrument Corporation.

1988

Two years later, in 1988, Drendel bought back a significant interest in CommScope once again, leading another group of investors, but its independence would last just two years.

1990

In 1990, General Instrument, which itself was being bought by New York's Forstmann, Little & Co., reacquired CommScope.

1997

1997 General Instrument spins off CommScope as an independent, public company.

1998

Sales surged to $749 million, and operating income increased from $72.8 million in 1998 to $117.5 million, as gains were made by all three of CommScope's principal product categories: CATV/Video, wireless and other telecom, and local area networks (LANs).

Nevertheless, CommScope expanded its operations in 1998 by acquiring a coaxial cable manufacturing plant in Seneffe, Belgium.

1999

Then, in 1999, the company launched a five-year, $135 million expansion in the Hickory area to beef up its fiber optic and wireless manufacturing and research and development capabilities.

2000

The year 2000 started out well and resulted in CommScope realizing record results by year's end.

In 2000, CommScope opened its new global headquarters in Hickory, North Carolina.

2001

But amid these positive developments uncertainty was brewing in the telecommunications industry, which would suffer through a very difficult 2001.

The company also bought a coaxial cable plant in Brazil, which would allow it to begin supplying the South American market in 2001.

2002

Beck, Kirsten, and Will Workman, "Man in the Middle: Frank Drendel Supplies the Cable in Cable Television and the Cement in the Information Highway," CED, November 2002.

2004

CommScope finished 2004 with sales of $1.15 billion and net income of nearly $75.8 million.

In 2004, CommScope acquired Avaya's Connectivity Solutions cabling unit and inherited the SYSTIMAX brand, a company perhaps best known for its enterprise cabling systems.

2007

In 2007, CommScope acquired the global wireless infrastructure provider Andrew Corporation, which would help CommScope meet demand from mobile phone companies.

2011

In 2011, The Carlyle Group acquired CommScope.

2013

On October 25, 2013, CommScope had its initial public offering on the NASDAQ, being listed as COMM.

2016

In February 2016, it was announced that the Daytona International Speedway had a new wiring infrastructure from CommScope.

In November 2016, the Carlyle Group announced the sale of its remaining shares of CommScope.

2019

On April 4, 2019, CommScope completed the acquisition of Arris International, a telecommunications equipment manufacturing company and owner of Ruckus Networks.

2020

On October 1, 2020, CommScope announced that Charles Treadway would succeed Eddie Edwards as the company's new president and CEO. The company also announced that Bud Watts would replace Frank Drendel as chairman, with Drendel being named chairman emeritus.

In October 2020, CommScope acquired the patent portfolio for virtual radio access networks (vRAN) from Phluido, a company specializing in RAN virtualization and disaggregation.

2021

On March 2, 2021, CommScope appointed company veteran Praveen Jonnala as chief information officer (CIO). Jonnala replaced Karen Renner, CommScope's senior vice president and CIO, who left the company in November.

On April 8, 2021, CommScope announced its plan to spin-off its home networks business.

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Founded
1976
Company founded
Headquarters
Hickory, NC
Company headquarter
Founders
Frank M. Drendel
Company founders
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CommScope may also be known as or be related to COMMSCOPE INC, CommScope, CommScope Holding Company Inc, CommScope Holding Company, Inc., CommScope Inc, CommScope, Inc. and Commscope Holding Company, Inc.