Company: UZF
Filing Date: 2025-01-14
Form Type: PREM14C
Source: 0000821130-25-000006
Chunk: 7

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-01-14
Form: PREM14C
Chunk 7
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IZON TRANSACTION
This discussion of the Verizon Transaction is qualified in its entirety by reference to the License Purchase Agreement, which is attached to this Information Statement as Annex A and incorporated by reference herein in its entirety. You should read the entire License Purchase Agreement carefully as it is the primary legal document that governs the Verizon Transaction.

#### Background of the Verizon Transaction
The following chronology summarizes the key meetings and events of the USCC Independent Directors that led to the signing of the License Purchase Agreement, and additionally summarizes certain meetings and events of the USCC Board and the Board of Directors of TDS (the “

#### TDS Board
”) that impacted the transaction process. This chronology does not purport to catalog every conversation of or among the USCC Board, the TDS Board, the USCC Independent Directors, any of their representatives or advisors or any other involved parties.

In August 2023, the Company and TDS announced that they were commencing a review of strategic alternatives regarding the Company. On May 24, 2024, the Company entered into the T-Mobile Agreement, pursuant to which the Company agreed to sell its wireless operations and select spectrum assets to T-Mobile. Additional information regarding the T-Mobile Transaction may be found in the “ Background of the Transactions ” 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 previously had entered into non-disclosure agreements in connection with the strategic review process prior to the execution of the T-Mobile Transaction).

AT&T is one of the entities included in the discussion in the above paragraph. As previously noted herein, AT&T and the Company ultimately reached an