secwatch.observer — SEC 8-K summary
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Issuer:     ARRAY DIGITAL INFRASTRUCTURE, INC. (AD)
CIK:        0000821130
Form:       8-K
Filed at:   2024-07-16T23:59:59+00:00
Accession:  0000821130-24-000043
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821130/000082113024000043/0000821130-24-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821130/000082113024000043/usm-20240716.htm
  HTML page:      https://secwatch.observer/filing/0000821130-24-000043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer