Company: UZF
Filing Date: 2025-01-23
Form Type: DEFM14C
Source: 0000821130-25-000013
Chunk: 10

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-01-23
Form: DEFM14C
Chunk 10
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 operations and select spectrum assets to T-Mobile. Additional information regarding the T-Mobile Transaction may be found in the “Background of the Transaction” section of the T-Mobile Information Statement filed by the Company, which section is incorporated herein by reference.

At the same time as the announcement of the T-Mobile Transaction, the Company announced that it would seek to opportunistically monetize the Retained Spectrum.

Commencing on May 30, 2024, as previously discussed with, and in accordance with the directives of, the USCC Board, the USCC Independent Directors and the TDS Board in connection with the review of strategic alternatives, Citigroup Global Markets Inc. (

#### “Citi”
), which has served as lead financial advisor to TDS during the strategic review process, began contacting parties regarding the potential sale of the Retained Spectrum. A total of 26 parties (15 potential strategic acquirors and 11 prospective financial sponsors) were contacted. Of these, TDS ultimately entered into non-disclosure agreements covering the confidential information of TDS and the Company with 18 parties (12 of which were parties with which TDS had previously entered into non-disclosure agreements with in connection with the strategic review process prior to the execution of the T-Mobile Transaction).

Verizon is one of the entities included in the discussion in the above paragraph. As previously noted herein, Verizon and the Company ultimately reached an agreement to enter into the transaction referred to herein as the “Verizon Transaction.” Further information regarding the background of the Verizon Transaction can be found in the definitive information statement on Schedule 14C for the Verizon Transaction filed by the Company contemporaneously with this Information Statement.

On May 31, 2024, the USCC Independent Directors held a meeting with representatives of Cravath, Swaine & Moore LLP (

#### “Cravath”
), legal counsel to the USCC Independent Directors, and PJT Partners LP (

#### “PJT Partners”
), financial advisor to the USCC Independent Directors. At the request of the USCC Independent Directors, representatives of PJT Partners discussed the public reaction to the announcement of the T-Mobile Transaction. The environment for potentially monetizing some or all of the assets and businesses retained by the Company was also discussed. At the request of the USCC Independent Directors, representatives of Cravath discussed the role and responsibilities of the USCC Independent Directors in connection with the review of strategic alternatives following the announcement of the T-Mobile Transaction, including in relation to potential sale transactions with respect to the Retained Spectrum.

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