Company: UZF
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000821130-25-000051
Chunk: 9

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 2
Chunk 9
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Three Months EndedJune 30,Six Months EndedJune 30,202520242025 vs. 2024202520242025 vs. 2024Average Revenue Per User (ARPU)$51.91 $51.45 1 %$51.98 $51.69 1 %Average Revenue Per Account (ARPA)$131.89 $130.41 1 %$132.07 $131.18 1 %

7

Financial Overview — Wireless 

The following discussion and analysis compares financial results for the three and six months ended June 30, 2025, to the three and six months ended June 30, 2024. The financial results include the wireless operations that were sold to T-Mobile on August 1, 2025.

Three Months EndedJune 30,Six Months EndedJune 30,202520242025 vs. 2024202520242025 vs. 2024(Dollars in millions)   Retail service$652 $666 (2)%$1,312 $1,344 (2)%Other56 52 7 %109 102 7 %Service revenues708 718 (1)%1,421 1,446 (2)%Equipment sales180 184 (2)%330 380 (13)%Total operating revenues888 902 (1)%1,751 1,826 (4)%System operations (excluding Depreciation, amortization and accretion reported below)197 194 1 %387 390 (1)%Cost of equipment sold209 211 (1)%387 427 (9)%Selling, general and administrative319 313 2 %643 637 1 %Depreciation, amortization and accretion151 154 (2)%302 308 (2)%(Gain) loss on asset disposals, net2 5 (59)%3 10 (66)%(Gain) loss on license sales and exchanges, net(4)8 N/M(5)7 N/MTotal operating expenses874 885 (1)%1,717 1,779 (3)%Operating income$14 $17 (21)%$34 $47 (27)%Adjusted OIBDA (Non-GAAP)1$174 $196 (11)%$355 $392 (