UScellular splits into Wireless and Towers segments; provides historical data for $4.4B T-Mobile sale

ARRAY DIGITAL INFRASTRUCTURE, INC.

Effective Q2 2024, two reportable segments: Wireless (services/equipment) and Towers (leasing to carriers).
Wireless Q1 2024 revenue $925M, Adj EBITDA $195M; Towers revenue $58M, Adj EBITDA $33M.
Full-year 2023: Wireless Adj EBITDA $697M, Towers Adj EBITDA $121M.
Supplemental segment data for 2022, 2023, and Q1 2024 provided as Exhibit 99.1.
Transaction to sell wireless operations to T-Mobile for $4.4B announced May 2024; towers to be retained.

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