Array Digital Infrastructure Inc

AD: XNYS (USA)
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Array Digital Infrastructure Is Steadily Winding Down

Business Strategy and Outlook

Array Digital Infrastructure, formerly US Cellular, has completed the sale of its wireless operations to T-Mobile. Agreements to sell most of its remaining spectrum licenses to Verizon and AT&T are likely to close in the coming months. The firm has followed a path we've long prescribed: carving up the wireless business among the large wireless companies in a way that maximizes value while minimizing the risk regulators step in. We expect these sales to mark the first steps toward ending Array’s run as a stand-alone entity.

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