Vistance Networks, Inc. · NASDAQ:VISN
Vistance Networks — CommScope Holding Company — Merger or Acquisition (April 2021)
12 slides from Vistance Networks's merger presentation, Apr 8, 2021
Slide 1: CommScope NEXT Update Call
CommScope NEXT Update Call April 8, 2021 Exhibit 99.2
Slide 2: Important information: Caution Regarding Forward Looking Statements
Important information Caution Regarding Forward Looking Statements This presentation or any other oral or written statements made by us or on our behalf may include forward-looking statements that reflect our current views with respect to future events and financial performance. These statements may
Slide 3: CEO quote on CommScope's potential and strategy
“We remain excited about CommScope’s potential, and with the core elements of our strategy intact, we are confident in our ability to deliver innovative solutions for network convergence for customers around the world.” Chuck Treadway President and Chief Executive Officer
Slide 4: Executing our Strategy to Unlock Shareholder Value
Executing our Strategy to Unlock Shareholder Value CommScope NEXT Driving growth that outpaces the market and optimizing business processes Profitable Growth Business Optimization Portfolio Review Double down on growth by allocating resources to key accounts and target vertical markets, clearing cap
Slide 5: Transaction Overview
TRANSACTION OVERVIEW Transaction Structure Distribution of 100% of Home Networks shares to CommScope shareholders Expected to be tax-free to U.S shareholders for U.S. federal income tax purposes Timing Transaction is expected to be completed by the end of the first quarter of 2022 There can be no as
Slide 6: Home Networks SpinCo: Expected to be an Industry Leader in Connected Home
Home Networks “SpinCo” Expected to be an Industry Leader in Connected Home and Entertainment Solutions Enhanced Strategic Focus New business can pursue a unique technology roadmap, growth-oriented go-to-market strategy and best-in-class manufacturing model to better deliver home and consumer product
Slide 7: Overview of remaining CommScope businesses
Overview Public and private networks for campuses, venues, data centers, and buildings Key Tailwinds: indoor coverage, private networks, 5G venue upgrades, cloud/multi-tenant datacenter Serves telco and cable provider broadband market as leading equipment manufacturer Key Tailwinds: DOCSIS 4.0 10G,
Slide 8: Taking Actions to Strengthen CommScope
CommScope NEXT Taking Actions to Strengthen CommScope Spin-off of Home Networks Currently expected to be executed through a tax-free spin-off to CommScope shareholders to form a new and independent publicly traded Home Networks company Creates a leading connected home solutions provider, enabling an
Slide 9: Q&A
Q&A CommScope NEXT Update Call
Slide 10: Appendix
COMMSCOPE’ Appendix
Slide 11: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation
Slide 12: Adjusted EBITDA Reconciliation by Segment for RemainCo
Adjusted EBITDA Reconciliation by Segment for “RemainCo”
CommScope Holding Company — Merger or Acquisition (April 2021) on 6ix