{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-073367","form_type":"8-K","ticker":"TDS","cik":"0001051512","company_name":"TELEPHONE & DATA SYSTEMS INC /DE/","filed_at":"2025-08-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.208551+00:00","generated_at":"2026-05-17T21:20:12.452878+00:00","sec_items":["1.01","1.02","2.01","3.03","8.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"TDS closes $4.3B sale of Array wireless ops to T-Mobile; special dividend $23/share","bullets":["Array (fka US Cellular) sold wireless operations to T-Mobile for ~$4.3B: $2.6B cash + $1.7B debt exchange.","Array signed 15-year Master License Agreement with T-Mobile: minimum 2,015 towers, interim on ~1,800 towers, 600 existing sites extended.","Array declared $23.00/shr special dividend on Series A & Common stock, record Aug 11, payable Aug 19 (est. ~$2B total).","T-Mobile accepted $1.68B aggregate principal of Array notes; remaining ~$364M notes outstanding; cancellation expected Aug 5.","Array repaid and terminated securitization facility and bank facilities; no termination penalties incurred."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-073367","json":"https://secwatch.observer/filing/0001104659-25-073367.json","markdown":"https://secwatch.observer/filing/0001104659-25-073367.md","text":"https://secwatch.observer/filing/0001104659-25-073367.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1051512/000110465925073367/0001104659-25-073367-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1051512/000110465925073367/tm2518822d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T21:20:12.452878+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9e9b516c4a989482e47dcf2dc5a035864124a9cc","claim":"TELEPHONE & DATA SYSTEMS INC /DE/ completed a disposition involving T-Mobile US, Inc. for approximately $4.3 billion (closed 2025-08-01).","evidence_excerpt":"Buyer. The purchase price received by Array at the Closing pursuant to the Purchase Agreement, after giving effect to adjustments pursuant thereto at Closing, was approximately $4.3 billion in the aggregate (the “Adjusted Purchase Price”), with approximately $2.6 billion of the Adjusted Purchase Price being paid in cash and approximately $1.7 billion of the Adjusted","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1051512/000110465925073367/0001104659-25-073367-index.htm","confidence":0.95,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"T-Mobile US, Inc."},{"label":"Consideration","value":"approximately $4.3 billion"},{"label":"Closing","value":"2025-08-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}