secwatch.observer — SEC 8-K summary
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Issuer:     ARRAY DIGITAL INFRASTRUCTURE, INC. (AD)
CIK:        0000821130
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0000821130-24-000065
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

US Cellular sells spectrum assets to AT&T for $1.018 billion
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- Agreement includes 1,250M MHz-Pops of 3.45 GHz and 331M MHz-Pops of 700 MHz B/C block.
- Transaction is contingent on closing of proposed T-Mobile sale; regulatory approvals required.
- Combined with prior deals, US Cellular has agreements monetizing ~$2.02B of spectrum excluded from T-Mobile deal.
- After proposed sales, US Cellular retains 1.86B MHz-Pops low/mid-band and 17.2B MHz-Pops mmWave spectrum.
- TDS (83% shareholder) delivered written consent; no further shareholder vote needed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821130/000082113024000065/0000821130-24-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821130/000082113024000065/usm-20241106.htm
  HTML page:      https://secwatch.observer/filing/0000821130-24-000065

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