Company: UZF
Filing Date: 2025-01-14
Form Type: PREM14C
Source: 0000821130-25-000007
Chunk: 11

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-01-14
Form: PREM14C
Chunk 11
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, including in relation to potential sale transactions with respect to the Retained Spectrum.

Also on May 31, 2024, consistent with the directives of the USCC Board, the USCC Independent Directors and the TDS Board, representatives of Citi and Centerview Partners, LLC (

#### “Centerview”
), financial advisors to TDS, had initial discussions with AT&T regarding its interest in the Retained Spectrum.

On June 4, 2024, consistent with the directives of the USCC Board, the USCC Independent Directors and the TDS Board, representatives of Citi and Centerview had initial discussions with Verizon regarding its interest in the Retained Spectrum.

Commencing on June 5, 2024, a spectrum information packet and detailed spectrum inventory was distributed to 14 parties that had expressed an interest in the Retained Spectrum, including AT&T.

In the course of this process, the Company received seven preliminary indications of interest for various licenses included in the Retained Spectrum.

On June 17, 2024, the Company received a preliminary indication of interest from Verizon. Verizon’s preliminary indication of interest was to acquire all of the licenses held by the Company in the following bands: 850 MHz (cellular), AWS (all licenses not being sold in the T-Mobile Transaction), PCS (all licenses not being sold in the T-Mobile Transaction) and C-Band, for a total bid value between $1.5 billion and $1.75 billion.

<div align='center'>7</div>

On June 21, 2024, the USCC Independent Directors held a meeting with representatives of Cravath and PJT Partners. Representatives of the Company’s management were also present for a portion of the meeting. At the request of the USCC Independent Directors, representatives of Company management discussed various reactions to the public announcement of the T-Mobile Transaction, including from the Company’s employees, business relationships and regulatory authorities. Representatives of Company management then provided an update on the sale process with potential buyers of the Retained Spectrum, noting that the Company had received preliminary indications of interest with respect to the Retained Spectrum. The USCC Independent Directors discussed and asked questions, including with respect to Company management’s initial evaluation of such indications of interest. Following the departure of representatives of Company management, the USCC Independent Directors discussed with representatives of Cravath and PJT Partners their perspectives on the sale process for the Retained Spectrum and on the other assets and businesses retained by the Company.

Commencing on June 28,