Highest-materiality recent filing
Array Q2 revenue $54.1M, EPS $3.86; raises 2026 EBITDA guidance to $220-235M
Q2 revenue $54.1M vs $28.5M YoY; diluted EPS $3.86 vs $0.17.
Array closes $1.0B spectrum sale to Verizon; declares $11 special dividend
Sold select spectrum to Verizon for $1.0 billion cash, closed June 1, 2026.
Array Digital receives non-binding buyout proposal from TDS (81.9% owner); forms special committee
TDS (81.9% stock, 95.9% voting) proposes to acquire all outstanding AD shares not already owned.
Array Q1 EPS $2.08 on $52M revenue; TDS proposes to acquire outstanding shares
Net income of $179.8M ($2.08 diluted EPS) vs $4.7M ($0.05) a year ago; includes $156.6M gain on spectrum sale.
Array Digital reports Q4 revenue $60.3M, net income $41.4M; guides 2026 rev $200-215M
Q4 revenue $60.3M (+131% YoY); net income $41.4M ($0.48 EPS) vs $11.7M ($0.13 EPS).
Array Digital sells spectrum assets to AT&T for $1.018B; declares $10.25 special dividend
Sold select spectrum licenses to AT&T for $1.018 billion in cash; $232 million allocated to 700 MHz band licenses.
Array cuts credit facility to $100M from $300M, extends maturity five years
Borrowing capacity reduced from $300M to $100M; LC sublimit from $30M to $10M; swing line from $25M to $10M.
Array Q3 revenue $47.1M, net income $108.8M; appoints new CEO, special dividend $23/share
Q3 revenue $47.1M (up 83% YoY); net income $108.8M vs $(95.9)M loss; diluted EPS $1.25 vs $(1.12).
Array appoints Anthony Carlson as President and CEO, effective Nov 16, 2025
Carlson succeeds Douglas Chambers, who remains interim CEO until Nov 16 then Senior Advisor until Dec 9.
Array Digital Q2 net income $31M, EPS $0.36; closes T-Mobile sale, declares $23 special dividend
Total operating revenues $916M vs $927M YoY; net income $31M (up from $17M), diluted EPS $0.36 (vs $0.20).
Array closes sale of wireless ops to T-Mobile for ~$4.3B; declares $23 special dividend
Adjusted purchase price ~$4.3B: $2.6B cash + $1.7B T-Mobile debt assumption via exchange offer.
Special dividend expected $22.50-$23.75/share ($1.95B-$2.075B aggregate), contingent on T-Mobile deal closing and board approval.
Amendments to 6.700% 2033, 6.250% 2069, 5.500% 2070 (March & June) notes.
UScellular Q4 revenue $970M (-3% YoY); FY net loss $39M, adj net income up to $63M
Q4 revenue $970M (down from $1B); EPS $0.05 vs $0.16 a year ago.
US Cellular sells spectrum assets to AT&T for $1.018 billion
Agreement includes 1,250M MHz-Pops of 3.45 GHz and 331M MHz-Pops of 700 MHz B/C block.
UScellular Q3 net loss $79M, revenue down 4%; raises full-year Adjusted EBITDA guidance
Net loss of $79M ($0.92/share) vs net income of $23M ($0.26) a year ago; excluding $136M spectrum impairment, net income was $23M.
UScellular signs $1B spectrum sale to Verizon, plus smaller deals with two other operators
Sold 663M MHz POPs of Cellular (850 MHz) plus AWS and PCS licenses to Verizon for $1.0B cash, subject to adjustments.
Effective Q2 2024, two reportable segments: Wireless (services/equipment) and Towers (leasing to carriers).
UScellular sells wireless operations to T-Mobile for $4.4B cash and up to $2B debt
Purchase price: $4.4B cash plus assumption of up to ~$2B debt; expected close mid-2025 subject to regulatory approvals.
United States Cellular sells wireless ops to T-Mobile for $4.4B cash plus debt assumption
Total purchase price $4.4B, payable in cash and assumption of certain debt; $400M allocated to spectrum licenses held by Designated Entities.
UScellular Q1 revenues $950M, net income $18M; guidance reaffirmed
Total operating revenues $950M, down 4% YoY from $986M; service revenues $754M, down 2%.
UScellular Q4 rev $1,000M (-4.6% YoY); net income $14M vs loss; guides FY 2024 lower
Q4 revenue $1,000M vs $1,048M prior year; net income $14M ($0.16 EPS) vs loss of $(28)M.
Amends 2022 and 2013 LTIP awards to provide full acceleration if awards not continued/substituted/assumed in strategic transaction.
UScellular Q3 net income $23M, rev down 11%; raises FY adjusted EBITDA guidance
Q3 total operating revenues $963M (-11% YoY); service revenues $762M (-2%).
UScellular Q2 revenue down 7% to $957M; TDS initiates strategic alternatives review
Total operating revenues $957M in Q2 2023, down from $1,027M in Q2 2022; service revenues $760M vs $783M.
UScellular Q1 revenue falls to $986M; net income drops to $13M from $49M YoY
Total operating revenues $986M vs $1,010M YoY; service revenues $767M vs $787M.
UScellular reports Q4 net loss, full-year earnings drop; provides cautious 2023 outlook
Q4 2022 operating revenues $1,048M (down 1.9% YoY); net loss $28M ($0.33 loss per share) vs profit $27M ($0.31) a year ago.
Net loss attributable to shareholders $12M vs net income $34M YoY; diluted EPS -$0.15 vs $0.38.
UScellular Q2 net income falls to $21M ($0.25 EPS); revenue up slightly
Total operating revenues $1.027B vs $1.014B YoY; service revenues $783M vs $774M.
UScellular Q4 net income $27M ($0.31 EPS) vs $5M a year ago; provides 2022 guidance
Q4 total operating revenues $1,068M vs $1,073M; net income $27M, diluted EPS $0.31 vs $5M ($0.06) year ago.
On November 29, 2022, the Board redesignated Harry J. Harczak, Jr. as a Common Share Director effective January 1, 2023.
Douglas W. Chambers, Executive Vice President, Chief Financial Officer and Treasurer of the Company.
Deirdre C. Drake, Executive Vice President – Chief People Officer and Head of Communications of the Company, will retire as an officer of the Company effective January 2, 2023 but will continue to serve as a member of the Board.
On November 29, 2022, the following persons were elected as Series A Common Share Directors of the board of directors (the “Board”) of United States Cellular Corporation (the “Company”) , effective January 1, 2023: James W. Butman, President and Chief Executive Officer of TDS Telecommunications LLC, a wholly-owned subsidiary of Telephone and Data Systems, Inc. (“TDS”), the Company’s parent.
Kevin R. Lowell, Senior Vice President – Information Technology, will assume the position of Executive Vice President – Chief People Officer and Head of Communications of UScellular effective January 2, 2023 subject to approval by the UScellular Board of Directors.
On November 15, 2022, Deirdre C. Drake, Executive Vice President – Chief People Officer and Head of Communications of United States Cellular Corporation (UScellular) submitted her notice of retirement as an employee of UScellular effective January 2, 2023.
On October 14, 2022, the Board appointed Xavier D. Williams to serve as a member of the Board effective January 1, 2023 to fill the vacancy created by Mr. Crowley’s resignation.
On October 14, 2022, J. Samuel Crowley resigned from the board of directors (the “Board”) of United States Cellular Corporation (the “Company”) effective December 31, 2022.
Max materiality 1.00 · Median 0.65 · Most common event earnings