---
schema_version: "secwatch.filing_event.v1"
accession: "0000821130-24-000058"
form_type: "8-K"
ticker: "AD"
cik: "0000821130"
company_name: "ARRAY DIGITAL INFRASTRUCTURE, INC."
filed_at: "2024-10-18T23:59:59+00:00"
generated_at: "2026-05-30T12:58:05.711128+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# UScellular signs $1B spectrum sale to Verizon, plus smaller deals with two other operators

## Summary
- Sold 663M MHz POPs of Cellular (850 MHz) plus AWS and PCS licenses to Verizon for $1.0B cash, subject to adjustments.
- Also sold 12M MHz POPs of CBRS, C-Band, and 700 MHz B/C Block to two other mobile network operators; buyers undisclosed.
- All spectrum sales are contingent on closing of the T-Mobile purchase of UScellular wireless ops and spectrum, plus regulatory approvals.
- TDS, 82% shareholder, delivered written consent approving the Verizon transaction; no further shareholder vote needed.
- Retained spectrum: 3.4B MHz POPs low/mid-band (700 MHz, 3.45GHz, CBRS, C-Band) and 17.2B mmWave; further monetization ongoing.

## SEC filing metadata
- accession: 0000821130-24-000058
- form_type: 8-K
- ticker: AD
- cik: 0000821130
- company_name: ARRAY DIGITAL INFRASTRUCTURE, INC.
- filed_at: 2024-10-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821130/000082113024000058/0000821130-24-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821130/000082113024000058/usm-20241017.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821130-24-000058
- JSON: https://secwatch.observer/filing/0000821130-24-000058.json
- Plain text: https://secwatch.observer/filing/0000821130-24-000058.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
