---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-065327"
form_type: "8-K"
ticker: "AD"
cik: "0000821130"
company_name: "ARRAY DIGITAL INFRASTRUCTURE, INC."
filed_at: "2024-05-28T23:59:59+00:00"
generated_at: "2026-06-01T08:27:47.665459+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# UScellular sells wireless operations to T-Mobile for $4.4B cash and up to $2B debt

## Summary
- Purchase price: $4.4B cash plus assumption of up to ~$2B debt; expected close mid-2025 subject to regulatory approvals.
- UScellular retains ~70% of spectrum, 4,400 towers, and equity investments; T-Mobile to lease at least 2,015 towers under a new MLA.
- Transaction approved by UScellular and TDS boards; TDS (83% shareholder) consented; no shareholder vote required.
- UScellular plans to return capital to shareholders after close; pro forma and segment financials to be provided later.
- Advisors: Citigroup, Centerview, Sidley Austin for TDS; PJT Partners, Cravath for UScellular independent directors.

## SEC filing metadata
- accession: 0001104659-24-065327
- form_type: 8-K
- ticker: AD
- cik: 0000821130
- company_name: ARRAY DIGITAL INFRASTRUCTURE, INC.
- filed_at: 2024-05-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821130/000110465924065327/0001104659-24-065327-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821130/000110465924065327/tm2415626d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-065327
- JSON: https://secwatch.observer/filing/0001104659-24-065327.json
- Plain text: https://secwatch.observer/filing/0001104659-24-065327.txt

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