# EDGAR Filing Document

**Accession Number:** 0000821130
**File Stem:** 0001051512-25-000057
**Filing Date:** 2025-8
**Character Count:** 28245
**Document Hash:** 94ab5f18df577319b0dd7ca25b60e535
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001051512-25-000057.hdr.sgml**: 20250805

**ACCESSION NUMBER**: 0001051512-25-000057

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250805

**DATE AS OF CHANGE**: 20250805

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ARRAY DIGITAL INFRASTRUCTURE, INC.
- **CENTRAL INDEX KEY:** 0000821130
- **STANDARD INDUSTRIAL CLASSIFICATION:** RADIO TELEPHONE COMMUNICATIONS [4812]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 621147325
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-40021
- **FILM NUMBER:** 251186393

**BUSINESS ADDRESS:**
- **STREET 1:** 500 WEST MADISON STREET
- **STREET 2:** SUITE 810
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60661
- **BUSINESS PHONE:** 8665734544

**MAIL ADDRESS:**
- **STREET 1:** 500 WEST MADISON STREET
- **STREET 2:** SUITE 810
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60661

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** UNITED STATES CELLULAR CORP
- **DATE OF NAME CHANGE:** 19920703
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TELEPHONE & DATA SYSTEMS INC /DE/
- **CENTRAL INDEX KEY:** 0001051512
- **STANDARD INDUSTRIAL CLASSIFICATION:** TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 362669023
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 30 NORTH LASALLE STREET
- **STREET 2:** STE 4000
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60602
- **BUSINESS PHONE:** 3126301900

**MAIL ADDRESS:**
- **STREET 1:** 30 NORTH LASALLE STREET
- **STREET 2:** STE 4000
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60602

## Ex-1

**Exhibit 1**

**JOINT FILING AGREEMENT**

The undersigned hereby agree and consent, pursuant to Rule 13d-1(k), to the joint filing of all Schedules 13D and/or Schedules 13G (including any amendments thereto) on behalf of such parties with respect to the Issuer.

**SIGNATURE**

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

---

| | |
|:---|:---|
| TELEPHONE AND DATA SYSTEMS, INC. | TELEPHONE AND DATA SYSTEMS, INC. |
| **Signature:** | /s/ Walter C. D. Carlson |
| **Name/Title:** | Walter C. D. Carlson, President and Chief Executive Officer |
| **Date:** | 08/05/2025 |
| TELEPHONE & DATA SYSTEMS INC VOTING TRUST 1989 | TELEPHONE & DATA SYSTEMS INC VOTING TRUST 1989 |
| **Signature:** | /s/ Walter C. D. Carlson |
| **Name/Title:** | Walter C. D. Carlson, Trustee |
| **Date:** | 08/05/2025 |
| **Signature:** | /s/ Letitia G. Carlson, M.D. |
| **Name/Title:** | Letitia G. Carlson, M.D. |
| **Date:** | 08/05/2025 |
| **Signature:** | /s/ Prudence E. Carlson |
| **Name/Title:** | Prudence E. Carlson |
| **Date:** | 08/05/2025 |
| **Signature:** | /s/ Anthony J.M. Carlson |
| **Name/Title:** | Anthony J.M. Carlson |
| **Date:** | 08/05/2025 |

---

------

**APPENDIX A**

<u>DIRECTORS OF TDS</u> 

---

| | | |
|:---|:---|:---|
| (I) | (a) | <u>Name:</u> |
|  |  | Walter C. D. Carlson |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | President and Chief Executive Officer of Telephone and Data Systems, Inc. |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |
| (II) | (a) | <u>Name:</u> |
|  |  | LeRoy T. Carlson, Jr. |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | Vice Chair of Telephone and Data Systems, Inc. |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |
| (III) | (a) | <u>Name:</u> |
|  |  | Kenneth S. Dixon |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | President and Chief Executive Officer of TDS Telecommunications LLC, a wholly-owned subsidiary of Telephone and Data Systems, Inc. |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |
| (IV) | (a) | <u>Name:</u> |
|  |  | Letitia G. Carlson, M.D. |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | Physician and Clinical Professor at George Washington University Medical Faculty Associates |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |
| (V) | (a) | <u>Name:</u> |
|  |  | Prudence E. Carlson |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |

---

------

---

| | | |
|:---|:---|:---|
| | (c) | <u>Present Principal Occupation or Employment:</u> |
| | | Writer, art critic and art consultant |
| | (f) | <u>Citizenship:</u> |
| | | United States |
| (VI) | (a) | <u>Name:</u> |
|  |  | Kimberly D. Dixon |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | Private Investor |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |
| (VII) | (a) | <u>Name:</u> |
|  |  | George W. Off |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | Private Investor |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |
| (VIII) | (a) | <u>Name:</u> |
|  |  | Christopher D. O'Leary |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | Senior Advisor of Twin Ridge Capital Management |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |
| (IX) | (a) | <u>Name:</u> |
|  |  | Wade Oosterman |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | Private Investor |
|  | (f) | <u>Citizenship:</u> |
|  |  | Canadian |
| (X) | (a) | <u>Name:</u> |
|  |  | Vicki L. Villacrez |

---

------

---

| | | |
|:---|:---|:---|
| | (b) | <u>Business Address:</u> |
| | | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
| | (c) | <u>Present Principal Occupation or Employment:</u> |
| | | Executive Vice President and Chief Financial Officer of Telephone and Data Systems, Inc. |
| | (f) | <u>Citizenship:</u> |
| | | United States |
| (XI) | (a) | <u>Name:</u> |
|  |  | Dirk S. Woessner |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | Senior Vice President of Warburg Pincus |
|  | (f) | <u>Citizenship:</u> |
|  |  | German |
| (XII) | (a) | <u>Name:</u> |
|  |  | Napoleon B. Rutledge, Jr. |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | Senior Vice President and Chief Accounting Officer of McKesson Corporation, a global healthcare company |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |

---

------

**APPENDIX B**

<u>EXECUTIVE OFFICERS OF TDS</u>

---

| | | |
|:---|:---|:---|
| (I) | (a) | <u>Name:</u> |
|  |  | Walter C.D. Carlson |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | President and Chief Executive Officer of Telephone and Data Systems, Inc. |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |
| (II) | (a) | <u>Name:</u> |
|  |  | LeRoy T. Carlson, Jr. |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | Vice Chair of Telephone and Data Systems, Inc. |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |
| (III) | (a) | <u>Name:</u> |
|  |  | Kenneth S. Dixon |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | President and Chief Executive Officer of TDS Telecommunications LLC |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |
| (IV) | (a) | <u>Name:</u> |
|  |  | Joseph R. Hanley |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | Senior Vice President - Strategy and Corporate Development of Telephone and Data Systems, Inc. |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |
| (V) | (a) | <u>Name:</u> |
|  |  | Douglas W. Chambers |

---

------

---

| | |
|:---|:---|
| (b) | <u>Business Address:</u> |
| | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
| (c) | <u>Present Principal Occupation or Employment:</u> |
| | Interim President and Chief Executive Officer of Array Digital Infrastructure |
| (f) | <u>Citizenship:</u> |
| | United States |

---

------

**APPENDIX C**

<u>TRUSTEES OF THE VOTING TRUST</u>

---

| | | |
|:---|:---|:---|
| (I) | (a) | <u>Name:</u> |
|  |  | Walter C. D. Carlson |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | President and Chief Executive Officer of Telephone and Data Systems, Inc. |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |
| (II) | (a) | <u>Name:</u> |
|  |  | Letitia G. Carlson, M.D. |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | Physician and Clinical Professor at George Washington University Medical Faculty Associates |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |
| (III) | (a) | <u>Name:</u> |
|  |  | Prudence E. Carlson |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | Writer, art critic and art consultant |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |
| (IV) | (a) | <u>Name:</u> |
|  |  | Anthony J.M. Carlson |
|  | (b) | <u>Business Address:</u> |
|  |  | Telephone and Data Systems, Inc. <br>30 North LaSalle Street <br>Suite 4000 <br>Chicago, Illinois 60602 |
|  | (c) | <u>Present Principal Occupation or Employment:</u> |
|  |  | Vice President of Organizational Transformation at TDS Telecommunications LLC |
|  | (f) | <u>Citizenship:</u> |
|  |  | United States |

---

------

**APPENDIX D**

---

| | | |
|:---|:---|:---|
| Name | Number of Common Shares Beneficially Owned as of Latest Practicable Date | Percentage of the Issuer's Common Shares |
| Kenneth S. Dixon | -0- |  |
| LeRoy T. Carlson, Jr. | -0- |  |
| Letitia G. Carlson, M.D. | -0- |  |
| Prudence E. Carlson | -0- |  |
| Walter C. D. Carlson | 44628 | \* |
| Kimberly D. Dixon | -0- |  |
| Joseph R. Hanley | -0- |  |
| George W. Off | -0- |  |
| Christopher D. O'Leary | -0- |  |
| Wade Oosterman | -0- |  |
| Douglas W. Chambers | 110900 | \* |
| Vicki L. Villacrez | -0- |  |
| Dirk S. Woessner | -0- |  |
| Napoleon B. Rutledge, Jr | -0- |  |
| TOTAL | 155528 | \* |

---

\*Less than 1%

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 21)**

**Array Digital Infrastructure, Inc.**

*(Name of Issuer)*

**Common Shares ($1.00 par value)**

*(Title of Class of Securities)*

**911684108**

*(CUSIP Number)*

**Walter C. D. Carlson**<br>30 N. LaSalle Street<br>Suite 4000<br>Chicago IL 60602<br>312-630-1900

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**08/01/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **911684108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**TELEPHONE & DATA SYSTEMS INC /DE/** | Name of reporting person<br>**TELEPHONE & DATA SYSTEMS INC /DE/** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**70788703.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**70788703.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**70788703.00** | Aggregate amount beneficially owned by each reporting person<br>**70788703.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**82.0%** | Percent of class represented by amount in Row (11)<br>**82.0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** 1. Sole voting and dispositive power and the aggregate amount beneficially owned by the reporting persons includes 33,005,877 Series A Common Shares which have ten votes per share on all matters and are convertible on a share-for-share basis into Common Shares and 37,782,826 Common Shares. See Item 5 for further explanation.

2. Reporting person beneficially owns 100% of the outstanding Series A Common Shares of the Issuer and approximately 70.8% of the outstanding Common Shares of the Issuer for a combined total of approximately 82.0% of the Issuer's outstanding classes of capital stock and approximately 95.9% of their combined voting power, based on 53,370,823 Common Shares and 33,005,877 Series A Common Shares outstanding on August 1, 2025.

| **CUSIP No.** | **911684108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**TELEPHONE & DATA SYSTEMS INC VOTING TRUST 1989** | Name of reporting person<br>**TELEPHONE & DATA SYSTEMS INC VOTING TRUST 1989** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**70788703.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**70788703.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**70788703.00** | Aggregate amount beneficially owned by each reporting person<br>**70788703.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**82.0%** | Percent of class represented by amount in Row (11)<br>**82.0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** 1. Shared voting and dispositive power and the aggregate amount beneficially owned by the reporting persons includes 33,005,877 Series A Common Shares which have ten votes per share on all matters and are convertible on a share-for-share basis into Common Shares and 37,782,826 Common Shares. See Item 5 for further explanation.

2. Reporting persons may be deemed to beneficially own 100% of the outstanding Series A Common Shares of the Issuer and approximately 70.8% of the outstanding Common Shares of the Issuer for a combined total of approximately 82.0% of the Issuer's outstanding classes of capital stock and approximately 95.9% of their combined voting power, based on 53,370,823 Common Shares and 33,005,877 Series A Common Shares outstanding on August 1, 2025.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Shares ($1.00 par value)

**(b) Name of Issuer:**
Array Digital Infrastructure, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
500 West Madison Street, Suite 810, Chicago, IL, 60661

This Amendment Number 21 to the Amended and Restated Schedule 13D is being filed pursuant to Section 13(d)(2) of the Securities Exchange Act of 1934, as amended (the "Act"), by Telephone and Data Systems, Inc., a Delaware corporation ("TDS"). This amended Schedule 13D relates to the ownership by TDS of Common Shares, par value $1.00 per share ("Common Shares") of Array Digital Infrastructures, Inc. (formerly known as United States Cellular Corporation), a Delaware corporation (the "Issuer"), and/or Series A Common Shares, par value $1.00 per share ("Series A Common Shares") of the Issuer, which are convertible on a share-for-share basis into Common Shares of the Issuer.

**Item 4. Purpose of Transaction**

This Item 4 is being updated by the following information.

On August 1, 2025, the Issuer completed the sale of its wireless operations and select spectrum assets to T-Mobile US, Inc. for approximately $4.3 billion in cash and the assumption of certain debt, as further described in TDS' Form 8-K filed with the Securities and Exchange Commission on August 4, 2025.

The trustees of the Voting Trust have advised TDS that they intend to maintain the ability to keep or dispose of the voting control of TDS. The trustees of the Voting Trust have further advised TDS that, if and to the extent that the Issuer remains a publicly-traded company, the trustees of the Voting Trust intend that TDS maintain the ability to keep or dispose of the voting control of the Issuer.

TDS and the trustees of the Voting Trust also retain the right to change their intent, to acquire additional securities from time to time or to dispose of all or part of the securities beneficially owned by TDS or the Voting Trust in any manner permitted by the terms of the Voting Trust and/or applicable law.

Except as disclosed or incorporated by reference herein, TDS and the Voting Trust do not have any current intention, plan or proposal with respect to any of the matters specified in paragraphs (a) through (j) of Item 4 of Schedule 13D.

**Item 5. Interest in Securities of the Issuer**

**(a)**
As of the date of this Amendment Number 21 to the Schedule 13D, TDS may be deemed to beneficially own, pursuant to Rule 13d-3(d)(1)(i), an aggregate of 37,782,826 Common Shares which is approximately 70.8% of such shares outstanding. In addition, TDS owns 33,005,877 Series A Common Shares which have ten votes per share on all matters and are convertible on share-for-basis into Common Shares.

The information with respect to the directors and executive officers of TDS is set forth on Appendix D attached hereto, and incorporated herein by reference.

As of the date of this Amendment Number 21 to the Schedule 13D, pursuant to Rule 13d-3(d)(1)(i), the Voting Trust may be deemed to beneficially own an aggregate of 37,782,826 Common Shares representing 70.8% of such shares. In addition, the Voting Trust may be deemed to beneficially own 33,005,877 Series A Common Shares.

**(b)**
(I) TDS.

(i) Sole Power to Vote or Direct the Vote:

TDS is the direct beneficial owner of 37,782,826 Common Shares and 33,005,877 Series A Common Shares of the Issuer representing approximately 82.0% of all classes of common shares of the Issuer. The Series A Common Shares have ten votes per share on all matters and are convertible on a share-for-share basis into Common Shares. TDS has sole voting power with respect to an aggregate of 37,782,826 Common Shares and 33,005,877 Series A Common Shares representing approximately 95.9% of the combined voting power of the Common Shares and the Series A Common Shares. As a result of such ownership, TDS has the voting power to elect all of the directors of the Issuer.

(ii) Shared Power to Vote or Direct the Vote:

None.

(iii) Sole Power to Dispose or Direct the Disposition:

TDS has sole power to dispose of 37,782,826 Common Shares and 33,005,877 Series A Common Shares, representing approximately 82.0% of all classes of capital stock outstanding.

(iv) Shared Power to Dispose or Direct the Disposition:

None.

(II) Directors and Executive Officers of TDS.

The information with respect to the directors and executive officers of TDS is set forth on Appendix D attached hereto, and incorporated herein by reference.

(III) The Voting Trust.

(i) Sole Power to Vote or Direct the Vote:

None.
(ii) Shared Power to Vote or Direct the Vote:

The Voting Trust is the direct beneficial owner of TDS Series A Common Shares and TDS Common Shares. The Voting Trust holds and the trustees vote 7,210,499 TDS Series A Common Shares and 6,301,814 TDS Common Shares, representing approximately 95.6% of the outstanding TDS Series A Common Shares and approximately 5.8% of the outstanding TDS Common Shares, and approximately 56.8% of the combined voting power of all outstanding shares of TDS capital stock with respect to matters other than the election of directors (based on 108,232,402 TDS Common Shares and 7,538,781 TDS Series A Common Shares on August 1, 2025). Therefore, the Voting Trust may direct a majority of the combined voting power of TDS, which has voting power to elect all directors of the Issuer and has approximately 56.8% of the combined voting power of the Issuer with respect to matters other than the election of directors.

(iii) Sole Power to Dispose or Direct the Disposition:

None.

(iv) Shared Power to Dispose or Direct the Disposition:

The information contained in Item 5.III(b)(ii) above is incorporated herein by reference. Through the ability to direct a majority of the combined voting power of TDS, the Voting Trust trustees share the power to direct the disposition of 37,782,826 Common Shares and 33,005,877 Series A Common Shares of the Issuer, representing approximately 82.0% of all classes of capital stock outstanding of the Issuer.

**(c)**
Except as disclosed below, to the knowledge of Walter C. D. Carlson, no transactions were effected during the past sixty days in Common Shares by TDS, by any Director or Executive Officer of TDS, or by the Voting Trust except to the extent disclosed herein, and as may be attributable to TDS pursuant to transactions in the ordinary course under employee benefit plans.

Walter C. D. Carlson was awarded 1,146 Common Shares on August 1, 2025, in connection with his service as a director of the Issuer.

Douglas W. Chambers had 52,654 of previously granted restricted stock units and performance share units vest on August 1, 2025 as a result of accelerated vesting triggered by the sale of the Issuer's wireless operations and select spectrum to T-Mobile, of which 24,749 were withheld to cover his taxes and he was issued 27,905 net Common Shares. Mr. Chambers had an additional 67,005 of previously granted restricted stock units and performance share units vest on August 1, 2025 as a result of accelerated vesting due to the above referenced sale of the Issuer's wireless operations and select spectrum assets, which were settled in cash at $73.50 per unit.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

The information contained in Item 4 above is incorporated herein by reference.

The Voting Trust holds TDS Series A Common Shares and TDS Common Shares and was created to facilitate long-standing relationships among the trust's certificate holders. Under the terms of the Voting Trust, the trustees hold and vote TDS Series A Common Shares and TDS Common Shares held in the trust.

As of August 1, 2025, the Voting Trust holds and the trustees vote 7,210,499 TDS Series A Common Shares and 6,301,814 TDS Common Shares, representing approximately 95.6% of the outstanding TDS Series A Common Shares, and approximately 5.8% of the outstanding TDS Common Shares, and approximately 56.8% of the combined voting power of all outstanding shares of TDS capital stock with respect to matters other than the election of directors (based on 108,232,402 TDS Common Shares and 7,538,781 TDS Series A Common Shares on August 1, 2025). Therefore, the Voting Trust trustees may direct a majority of the combined voting power of TDS which has the voting power to elect all directors of the Issuer and approximately 56.8% of the combined voting power of the Issuer with respect to matters other than the election of directors.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** TELEPHONE & DATA SYSTEMS INC /DE/

**Signature:** See Exhibit 1

**Name/Title:** See Exhibit 1

**Date:** 08/05/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** TELEPHONE & DATA SYSTEMS INC VOTING TRUST 1989

**Signature:** See Exhibit 1

**Name/Title:** See Exhibit 1

**Date:** 08/05/2025