Company: UZF
Filing Date: 2025-01-14
Form Type: PREM14C
Source: 0000821130-25-000007
Chunk: 7

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-01-14
Form: PREM14C
Chunk 7
---
 The Retained Spectrum includes approximately 70% of USCC’s wireless spectrum portfolio (other than mmWave) including cellular, C-Band and 3.45 GHz spectrum.

On October 18, 2024, the Company announced that it had entered into an agreement with Verizon to sell a portion of the Retained Spectrum in the cellular band, as well as select licenses for spectrum in the AWS and PCS bands for total consideration of $1.0 billion (the

#### “Verizon Transaction,
” and collectively with the AT&T Transactions and the T-Mobile Transaction, the

#### “2024 Sale Transactions
”). The Company is filing an information statement on Schedule 14C regarding the Verizon Transaction contemporaneously with this Information Statement. On August 28, 2024, the Company entered into a spectrum transaction with an additional party for total transaction consideration of approximately $3.3 million, and another additional party on September 23, 2024, for total transaction consideration of approximately $2 million. Each of the 2024 Sale Transactions and the two additional spectrum transactions are subject to certain specified closing conditions.

The AT&T Transactions described in this Information Statement also follow from the monetization effort announced at the time of the T-Mobile Transaction. Pursuant to the Agreement, AT&T has agreed to purchase select spectrum licenses currently held by the Company and the Limited Partnership (as defined below in the section entitled “ The AT&T Transactions—Background of the AT&T Transactions ”). The AT&T Transactions will not have any direct impact on the USCC Common Stock or its holders. The Transaction Consideration will be provided directly to USCC in the form of cash paid by AT&T to the Sellers. AT&T will not make any payments directly to holders of USCC Common Stock, and any decisions regarding capital allocation or use of proceeds by USCC will be made by the USCC Board in due course. The Closing is not structured to have any impact on USCC’s status as a public company or the USCC Common Stock that is traded on the New York Stock Exchange.

Certain other assets of the Company are not included in any of the 2024 Sale Transactions. These assets include the tower business, the equity-method partnerships and the Company’s remaining spectrum licenses (1.86 billion MHz -Pops of low and mid-band spectrum, as well as 17.2 billion MHz -Pops of mmWave spectrum, with the substantial majority of retained value in the C-Band spectrum).

Further information regarding the T-Mobile Transaction can be found in