Array closes sale of wireless ops to T-Mobile for ~$4.3B; declares $23 special dividend

ARRAY DIGITAL INFRASTRUCTURE, INC.

Adjusted purchase price ~$4.3B: $2.6B cash + $1.7B T-Mobile debt assumption via exchange offer.
Special cash dividend of $23.00/share declared, record Aug 11, payable Aug 19, 2025.
Name change to Array Digital Infrastructure, Inc.; new ticker 'AD' effective Aug 12, 2025.
Entered 15-year Master License Agreement with T-Mobile for min 2,015 towers plus interim rights on ~1,800 towers.
Five directors resigned; Joseph Hanley elected to Board; Vicki Villacrez appointed CFO; Walter Carlson becomes Chair.

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