​Array Digital Infrastructure (AD) Completes the Sale of Spectrum License to Verizon

​Management noted that these transactions are portion of the company's broader strategy, announced successful May 2024. As per this strategy, the institution plans to monetize remaining spectrum assets pursuing the merchantability of its T-Mobile wireless operations, which closed successful August 2025.

​The merchantability followed a peculiar currency dividend announcement from the Board of Directors of $11 per share, payable June 25, 2026, to shareholders of grounds arsenic of June 11, 2026. The CEO of Array Digital, Anthony Carlson, called the transactions a important milestone and reaffirmed the company's committedness to returning worth to shareholders done plus merchantability proceeds.

​Separately, the Board's peculiar committee is inactive evaluating a non-binding acquisition connection from Telephone and Data Systems, though nary determination has been made.

Array Digital Infrastructure, Inc. (NYSE:AD) formerly United States Cellular Corporation, is an proprietor and relation of shared wireless communications infrastructure successful the United States. The Company, with implicit 4,400 compartment towers successful locations from seashore to coast, enables the deployment of 5G and different wireless technologies passim the country.

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