UScellular sets special dividend $22.50-23.75, taps Doug Chambers CEO, renames as Array, eyes Aug 1 close

ARRAY DIGITAL INFRASTRUCTURE, INC.

Special dividend expected $22.50-$23.75/share ($1.95B-$2.075B aggregate), contingent on T-Mobile deal closing and board approval.
T-Mobile transaction expected to close Aug 1, 2025; post-closing company renamed Array Digital Infrastructure, Inc.
Doug Chambers appointed interim President and CEO effective upon closing; Laurent Therivel to step down.
Chambers' outstanding equity awards to fully vest at closing, subject to retention through Jan 1, 2026.
Ticker symbol to change from USM to AD; TDS (≈81% owner) will receive pro-rata share of special dividend.

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