Array completes sale of select spectrum assets to Verizon for $1.0 billion

Array Digital Infrastructure closed the sale of select spectrum assets to Verizon for $1.0 billion, completing a previously announced transaction. The company also finalized $168 million in spectrum sales to T-Mobile in May, primarily involving 700MHz and 600MHz licenses. Citing these proceeds and current cash on hand, the Board declared a special cash dividend of $11.00 per share, payable June 25, 2026.

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