CommScope, Inc. (NYSE: CTV), a global leader in infrastructure solutions for communications networks, achieved record fourth quarter 2007 results, including sales of $462.6 million and net income of $37.6 million, or $0.51 per diluted share.

The reported net income includes after-tax charges of approximately $3.1 million for interest on new term loans, write-off of deferred financing fees and acquisition-related expenses related to the acquisition of Andrew Corporation. Excluding these special items, adjusted fourth quarter 2007 earnings were $40.6 million, or $0.55 per diluted share. (A reconciliation of reported GAAP earnings and earnings per diluted share to adjusted results for the fourth quarter and calendar year is attached.)

For the fourth quarter 2006, CommScope reported sales of $393.7 million and net income of $27.2 million, or $0.38 per diluted share. The reported net income includes after-tax charges of $1.1 million related to restructuring costs. Excluding this special item, adjusted fourth quarter 2006 earnings were $28.3 million, or $0.40 per diluted share.

For 2007, CommScope sales rose 18.9 percent to $1.93 billion and net income rose 57.4 percent to $204.8 million, or $2.78 per diluted share. This compares to sales of $1.62 billion and net income of $130.1 million, or $1.84 per diluted share for 2006.

“Despite an uncertain economic environment, we are pleased to have delivered another record quarter and year while closing the acquisition of Andrew Corporation,” said CommScope Chairman and Chief Executive Officer, Frank Drendel. “We believe that the ongoing, fundamental global demand for bandwidth will continue to drive the need for communications infrastructure—in both wired and wireless networks.

“Both CommScope and Andrew claim a proud past and we believe that, together as one company, we have a promising future. We intend to execute on our previously announced cost reduction plans while we build upon our industry leading portfolio of products, broad geographic base and market diversity to create strong cash flow from operations in 2008. We have an experienced management team and solid competitive position. We remain confident in the long-term outlook for sales growth and profitability.”

Sales Overview

Sales for the fourth quarter 2007 increased 17.5 percent year over year, primarily driven by increased volume in all three segments, with particular strength in the Carrier segment. As anticipated, sales declined sequentially due to the typical seasonal slowdown.

Enterprise segment sales rose 16.7 percent year over year to $218.8 million driven by volume growth in all regions with particular strength in North America. Despite economic uncertainty, Enterprise users continue to invest in their communications networks as employees work more collaboratively, data centers expand and buildings are configured with intelligent infrastructure. These drivers, along with the recent ratification of the Category 6A and Class EA standards by the Telecommunication Industry Association (TIA), the International Organization for Standardization (ISO) and International Electrotechnical Commission (IEC) support ongoing demand for 10 Gb/s solutions, such as the industry-leading SYSTIMAX® GigaSPEED X10D.

Broadband segment sales rose 6 percent year over year to $152.6 million, primarily due to higher international sales volumes and the positive impact of the Signal Vision, Inc. acquisition, which closed on May 1, 2007. Competition between domestic Multiple System Operators (MSOs) and domestic wireline carriers should continue to drive investment by MSOs in their networks.

Carrier segment sales increased 46.5 percent year over year to $91.4 million. Sales rose significantly in all major Carrier product areas. CommScope experienced particularly strong international wireless sales of its ExtremeFlex® smooth wall aluminum cables for mobile cellular towers in the quarter. Integrated Cabinet Solutions (ICS) revenue increased as large domestic wireline carriers continue to deploy electronics deeper in their networks to offer higher bandwidth broadband and video services. Fourth quarter ICS sales reflect a less favorable product mix than previous quarters.

Total international sales for the fourth quarter 2007 rose 17.4 percent year over year to $164.5 million, or 35.6 percent of total company sales.

External customer orders booked in the fourth quarter 2007 were $420.1 million, up 18.5 percent from the year-ago quarter.

Other Fourth Quarter Highlights

• Gross margin for the fourth quarter 2007 was 29.2 percent, up more than 100 basis points year over year. The gross margin improvement was primarily due to higher sales levels, a more favorable product mix and the benefits of ongoing cost reduction activities.

• SG&A expense for the fourth quarter 2007 was $70.6 million, or 15.3 percent of sales, compared to $64.8 million or 16.5 percent of sales in the year-ago quarter. SG&A expenses grew primarily due to higher sales levels and spending to support and expand global sales initiatives.

• Operating income for the fourth quarter 2007 increased approximately 52 percent year over year to $55.1 million, or 11.9 percent of sales. In the year-ago quarter, operating income was $36.3 million, or 9.2 percent of sales. Excluding restructuring costs in the year ago quarter, operating income would have been $38.1 million, or 9.7 percent of sales.

• Total depreciation and amortization expense was $12.2 million for the fourth quarter of 2007, while capital spending in the quarter was $9.6 million.

• Net cash provided by operating activities rose to an all-time quarterly record of $101.4 million.

Full Year 2007 Results

CommScope reported sales of $1.93 billion for 2007, and net income of $204.8 million, or $2.78 per diluted share. The company’s 2007 results included after-tax charges of approximately $3.8 million related to interest on the new term loans associated with the Andrew acquisition, write-off of deferred financing fees, restructuring costs and acquisition costs. Excluding these special items, 2007 adjusted earnings would have been $208.6 million or $2.83 per diluted share. (Please see the attached reconciliation of reported GAAP earnings and earnings per diluted share to adjusted results.)

CommScope reported sales of $1.62 billion for 2006, and net income of $130.1 million, or $1.84 per diluted share. The company’s 2006 results included an after-tax charge of $8.1 million related to restructuring costs and an after-tax benefit of $18.6 million related to a recovery on a note receivable from OFS BrightWave, LLC. Excluding these special items, 2006 adjusted earnings would have been $119.6 million or $1.69 per diluted share. A sales summary for 2007 and 2006 is shown below:

Andrew Acquisition and December Quarter Results

On December 27, CommScope completed its acquisition of Andrew Corporation for a total purchase price of approximately $2.6 billion. In its December quarter, prior to the acquisition by CommScope, Andrew’s unaudited results included revenues of $546.2 million and an operating loss of $24.7 million. Andrew’s operating loss reflected merger costs of $34.0 million, asset impairment of $12.1 million, restructuring of $4.8 million, intangible amortization of $1.6 million and a gain on the sale of assets of $0.9 million.

CommScope’s 2007 statements of operations and cash flows do not include any operating results for Andrew, which were immaterial for the four-day period between closing and December 31.

2008 Outlook

CommScope management is providing the following guidance for calendar year 2008:

• Expected revenue of $4.1 - $4.3 billion

• Pro forma operating income target of $525 - $575 million, excluding restructuring and transition costs as well as purchase accounting adjustments related to the fair value write-up of inventory, property, plant and equipment and intangibles, which results in increased charges for inventory, depreciation and amortization. This operating income target assumes that the company will be able to successfully recover costs associated with rising raw material costs.

• Overall interest rate expected to be around 6.75 % for the term loans, which had a beginning balance of $2.1 billion

• Expected tax rate of 34% - 36%

• Approximately 81 million weighted average fully diluted shares anticipated to be outstanding

• More than $500 million of cash flow from operations expected

• Expected capital expenditures of $80-$90 million

• Significant non-cash costs related to purchase accounting adjustments expected, including:

o More than $100 million of additional annual intangible amortization

o More than $50 million of fair value inventory write-up that increases cost of goods sold primarily in the first quarter

First Quarter 2008 Outlook

CommScope management is providing the following guidance for the first quarter of 2008:

• Expected Revenue of $950 - $970 million

• Pro forma operating income of $80 - $90 million, excluding restructuring and transition costs as well as purchase accounting adjustments related to the fair value write-up of inventory, property, plant and equipment and intangibles, which results in increased charges for inventory, depreciation and amortization

• As the result of significant non-cash costs related to purchase accounting adjustments and one-time transition costs, CommScope anticipates reporting a GAAP loss in the first quarter of 2008.

“We are excited about the acquisition and the significant task of integrating CommScope and Andrew is well underway,” said Executive Vice President and Chief Financial Officer Jearld Leonhardt. “We face some headwinds with the recent volatility in raw material costs. Our calendar year 2008 guidance assumes the ability to recover higher costs, a stable business environment and includes the previously announced $50 to $60 million in cost reduction synergies. While we face some near term challenges, we believe that CommScope has a great foundation for success and that the Andrew team makes us even stronger. We look forward to another successful year.”

Conference Call Information

CommScope plans to host a call today at 5:00 p.m. EST to discuss fourth quarter results and full year results. You are invited to listen to the conference call or live webcast with Frank Drendel, chairman and CEO; Brian Garrett, president and COO; and Jearld Leonhardt, executive vice president and CFO.

To participate on the conference call, domestic and international callers should dial (706) 679-4510. Please plan to dial in 10-15 minutes before the start of the call to facilitate a timely connection. The live, listen-only audio of the conference call will be available through a link on the “Events/Presentations” tab of the Investor Relations section of CommScope’s website at www.commscope.com.

If you are unable to participate on the call and would like to hear a replay, you may dial (800) 633-8284. International callers should dial (402) 977-9140 for the replay. The replay ID is 21375605 and it will be available through Thursday, March 6. A webcast replay will also be archived on CommScope’s website for a limited period of time following the conference call.

About CommScope

CommScope (NYSE: CTV – www.commscope.com) is a world leader in infrastructure solutions for communication networks. Through its Andrew Wireless Solutions® brand, it is a global leader in radio frequency subsystem solutions for wireless networks. Through its SYSTIMAX® SolutionsTM and Uniprise® Solutions brands, it is a world leader in network infrastructure solutions, delivering a complete end-to-end physical layer solution, including cables and connectivity, enclosures, intelligent software and network design services. CommScope is also the premier manufacturer of coaxial cable for broadband cable television networks and one of the leading North American providers of environmentally secure cabinets for DSL and FTTN applications. Backed by strong research and development, CommScope combines technical expertise and proprietary technology with global manufacturing capability to provide customers with infrastructure solutions for evolving global communications networks in more than 130 countries around the world.

Forward-Looking Statements

This press release contains forward-looking statements regarding, among other things, the Andrew acquisition, business position, plans, outlook, revenues, margins, earnings, integration, synergies and other financial items relating to CommScope that are based on information currently available to management, management’s beliefs and a number of assumptions concerning future events. Statements made in the future tense, and statements using words such as “intend,” “goal,” “estimate,” “expect,” “project,” “projections,” “plans,” “anticipate,” “should,” “designed to,” “foreseeable future,” “believe,” confident,” “think,” “scheduled,” “outlook,” “guidance” and similar expressions are intended to identify forward-looking statements. Forward-looking statements are not a guarantee of performance and are subject to a number of risks and uncertainties, many of which are difficult to predict and are beyond the control of CommScope, and therefore should be carefully considered. Factors that could cause actual results of CommScope to differ materially include, but are not limited to, customer demand for our products and the ability to maintain existing business alliances with key customers or distributors; competitive pricing and acceptance of products; industry competition and the ability to retain customers through product innovation; changes in cost and availability of key raw materials and the ability to recover these costs from customers through pricing actions; concentration of sales among a limited number of customers or distributors; the risk that internal production capacity and that of contract manufacturers may be insufficient to meet customer demand for products; the risk that customers might cancel orders placed or that orders currently placed may affect order levels in the future; continuing consolidation among customers; possible production disruption due to supplier or contract manufacturer bankruptcy, reorganization or restructuring; achievement of cost reduction synergies expected from the acquisition of Andrew; significant international operations; ability to integrate the CommScope and Andrew businesses; ability to fully realize anticipated benefits from prior or future acquisitions or equity investments; substantial indebtedness as a result of the acquisition of Andrew; dependence upon key personnel; ability to integrate Andrew’s systems of internal control over financial reporting with ours; realignment of global manufacturing capacity; purchase accounting costs; protecting or defending intellectual property; ability to obtain capital on commercially reasonable terms; fluctuations in interest rates; the ability to achieve expected sales, growth and earnings goals; and regulatory changes affecting us or the industries we serve. For a more complete description of factors that could cause such a difference, please see CommScope’s filings with the Securities and Exchange Commission (SEC), which are available on CommScope’s website or at www.sec.gov. In providing forward-looking statements, CommScope does not intend, and does not undertake any duty or obligation, to update these statements as a result of new information, future events or otherwise.

Contact Us

Investor Contact:
Philip Armstrong
+1 (828) 323-4848
or
News Media Contact:
Rick Aspan
+1 (708) 236-6568
publicrelations@commscope.com