Company: UZF
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000821130-25-000023
Chunk: 21

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1A
Chunk 21
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 highly skilled leaders for all areas of its organization. The loss of any of UScellular’s key leaders could have an adverse effect on its business, financial condition or results of operations. Effective succession planning is also important to UScellular’s long-term success. Failure to ensure effective transfer of knowledge and smooth transition involving key employees could also adversely affect UScellular’s business, financial condition and results of operations.

9)Changes in various business factors, including changes in demand, consumer preferences and perceptions, price competition, cost increases, churn from customer switching activity and other factors, could have an adverse effect on UScellular’s business, financial condition or results of operations. 

Changes in any of several factors could have an adverse effect on UScellular’s business, financial condition or results of operations. These factors include, but are not limited to:

▪Demand for or usage of services, particularly data services;

▪Demand for leasing space on a tower;

▪Consumer preferences, including type of wireless devices;

▪Consumer perceptions of network quality and performance;

▪Consumer expectations for self-service options through digital means;

▪Competitive pressure to deliver higher speed;

▪Competitive pressure from promotional activity;

▪The pricing of services, including an increase in price-based competition;

▪The pricing of tower leases that can be charged to third parties;

▪Increases in ground lease rates for owned towers;

▪Inflationary pressures on costs without corresponding price increases for UScellular's services;

▪The overall size and growth rate of UScellular’s customer base;

▪Penetration rates;

▪Churn rates;

▪Selling expenses;

▪Net customer acquisition and retention costs;

▪Customers’ ability to pay for wireless service and the potential impact on bad debts expense;

▪Roaming agreements and rates;

▪Third-party vendor support;

▪Capacity constraints;

▪The mix of services and products offered by UScellular and purchased by customers; and

▪The costs of providing services and products.

10

10)A failure by UScellular to obtain access to adequate radio spectrum to meet current or anticipated future needs and/or to accurately predict future needs for radio spectrum could have an adverse effect on UScellular’s business, financial condition or results of operations. 

UScellular’s business depends on the ability to use portions of the radio spectrum licensed by the FCC. UScellular could fail to obtain access to sufficient spectrum capacity, including spectrum needed to support future technologies