Welcome to our dedicated page for Array Digital news (Ticker: AD), a resource for investors and traders seeking the latest updates and insights on Array Digital stock.
Array Digital Infrastructure, Inc. operates as a U.S. wireless infrastructure company with a portfolio of more than 4,400 cell towers and retained wireless spectrum interests. News about AD centers on operating results released with Telephone and Data Systems, investor presentations, tower and wireless infrastructure strategy, and capital actions tied to spectrum monetization.
Company updates also cover completed asset sales, special dividend declarations, material agreements, governance changes, and the transition from United States Cellular Corporation to Array Digital Infrastructure following the sale of legacy wireless operations.
Array Digital Infrastructure (NYSE: AD) completed the sale of select spectrum licenses to Verizon for $1.0 billion, plus additional spectrum sales to T-Mobile totaling $168 million.
The board declared a special cash dividend of $11.00 per share, payable June 25, 2026, to shareholders of record on June 11, 2026. Array does not currently expect further dividends in 2026. The dividend is described as unrelated to the ongoing review of a non-binding acquisition proposal from TDS.
Telephone and Data Systems (NYSE:TDS) and Array Digital Infrastructure (NYSE:AD) will webcast their 2026 Annual Meetings of Shareholders. Array’s meeting is on May 19, 2026 at 8:30 a.m. CT; TDS’s meeting is on May 21, 2026 at 9:00 a.m. CT.
Investors can access live and on-demand webcasts via the Events & Presentations pages at investors.arrayinc.com and investors.tdsinc.com. Registration about 15 minutes early is recommended.
Summary not available.
Array Digital Infrastructure (NYSE: AD) announced that its board received a non-binding proposal dated May 7, 2026 from Telephone and Data Systems (NYSE: TDS) to acquire all outstanding common shares not owned by TDS. TDS currently holds approximately 81.9% of outstanding stock and 95.9% of voting interests.
The Board formed a three-member special committee of independent directors to evaluate the Proposal and retained PJT Partners as financial adviser and Cravath, Swaine & Moore as legal counsel. The Proposal is non-binding and conditioned on the Special Committee recommendation and approval by disinterested stockholders; no decision has been reached.
Telephone and Data Systems (NYSE:TDS) proposed to acquire all public shares of Array Digital Infrastructure (NYSE:AD) in an all‑stock merger exchanging each Array share for 0.86 TDS shares, assuming prior spectrum sales and a $10.40 per‑share dividend (~$900M) are completed before closing. The deal is expected to be a tax‑free reorganization and is subject to definitive documentation, special committee review, disinterested Array stockholder approval, TDS shareholder approval, and customary closing conditions. Wells Fargo and Sidley Austin advise TDS.
TDS (NYSE: TDS) and Array Digital Infrastructure (NYSE: AD) will release first-quarter operating results and host a webcasted conference call on May 8, 2026 at 9:00 a.m. Central Time. The companies will publish financial results the same day and webcast the presentation live and on demand.
Investors can access the webcast via the events & presentations pages at investors.tdsinc.com or investors.arrayinc.com and are advised to register at least 15 minutes early to install any required streaming software.
Telephone and Data Systems (NYSE: TDS) and Array Digital Infrastructure (NYSE: AD) will present at the Raymond James 47th Annual Institutional Investors Conference in Orlando on March 3, 2026 at 10:25 a.m. ET.
Presenters include Vicki L. Villacrez and Kris Bothfeld of TDS. The presentation will be webcast live and available on demand via each company’s investor events pages; early registration is recommended.
Array (NYSE:AD) reported fourth quarter and full year 2025 results and issued 2026 guidance on February 20, 2026. Full-year 2025 results: $163.0M revenue, $169.7M net income attributable to shareholders, and $1.94 diluted EPS. Q4 2025 revenue was $60.3M and diluted EPS $0.48. Array closed the sale of wireless operations and spectrum to T-Mobile and sold 3.45GHz and 700MHz licenses to AT&T (closed Jan 13, 2026), paying special dividends of $23.00 and $10.25. 2026 guidance: total revenue $200–$215M, Adjusted EBITDA $200–$215M, Adjusted OIBDA $50–$65M.
Telephone and Data Systems (TDS) and Array Digital Infrastructure (NYSE: AD) will release fourth quarter operating results and host a joint conference call and webcast on February 20, 2026 at 9:00 a.m. CT. The companies will publish financial results that day and provide live and on-demand webcasts via their investor sites.
Investors are advised to register at least 15 minutes before the webcast to download any required streaming software.
Array Digital Infrastructure (NYSE: AD) closed a sale of a portion of its retained spectrum licenses to AT&T (NYSE: T) for $1.018 billion. Following the close, the Array board declared a special cash dividend of $10.25 per common share, payable on February 2, 2026 to shareholders of record on January 23, 2026. Array expects the 2026 1099-DIV to largely designate the special dividend as ordinary and qualified, subject to shareholder holding periods.