Company: UZF
Filing Date: 2025-01-23
Form Type: DEFM14C
Source: 0000821130-25-000013
Chunk: 1

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-01-23
Form: DEFM14C
Chunk 1
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, LLC (the

#### “Purchaser”
or

#### “AT&T”
), a Delaware limited liability company and subsidiary of AT&T Inc., and the Company (solely for the purposes of certain provisions in the Agreement) and certain specified joinder parties, a copy of which is attached as Annex A to this Information Statement. Pursuant to the Agreement, the Company and each Seller and joinder party (to the extent such party has executed a joinder, and will thus become a Seller) have agreed to sell select spectrum licenses in the 3.45 GHz band, as well as select spectrum licenses in the 700 MHz band (each, a

#### “License”
and collectively, the

#### “Licenses”
) to AT&T for $1,018,043,717, payable to the Sellers in cash, subject to certain adjustments (the

#### “Transaction Consideration”
).

The board of directors of the Company (the

#### “USCC Board”
), acting upon the unanimous recommendation of the independent directors of the Company (the

#### “USCC Independent Directors”
), (a) determined that the Agreement and the transactions contemplated thereby (the

#### “AT&T Transactions”
), on the terms and subject to the conditions set forth in the Agreement, are advisable and in the best interests of the Company and its stockholders, (b) approved the Agreement, the execution and delivery by the Company of the Agreement, the performance by the Company and its subsidiaries, as applicable, of their obligations contained therein and the consummation of the AT&T Transactions, on the terms and subject to the conditions contained in the Agreement and (c) resolved to recommend approval of the Agreement and the AT&T Transactions to the Company’s stockholders in accordance with the DGCL.

In accordance with Section 228 of the DGCL, stockholders of the Company holding a majority of the voting power of the outstanding shares of capital stock of the Company approved, by written consent, the Agreement and the consummation of the AT&T Transactions. On November 6, 2024, following the execution and delivery of the Agreement, Telephone and Data Systems, Inc. (

#### “TDS”
), which on such date beneficially owned 33,005,877 shares of Series A Common Stock and 37,782,826 shares of Common Stock, representing approximately 96% of the voting power of the then-outstanding shares of capital stock of the Company in matters other than the election of directors, delivered a written consent (