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Array Digital Infrastructure (AD) investor relations material
Array Digital Infrastructure Proxy Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
2025 marked a transformation from a wireless carrier to a tower company, including a $4.3 billion sale of wireless operations and spectrum assets to T-Mobile and a special $23/share dividend.
Array is now the fifth largest U.S. tower company, focusing on rural towers, spectrum monetization, and lean operations with 60 associates.
Leadership transitioned to Anthony J. M. Carlson as President and CEO in November 2025.
Voting matters and shareholder proposals
Shareholders will vote to elect directors, ratify PwC as auditor for 2026, approve a charter amendment for officer exculpation, and provide a say-on-pay advisory vote.
Board recommends voting FOR all proposals.
Shareholder proposals for the 2027 meeting must be submitted by December 8, 2026.
Board of directors and corporate governance
Board consists of nine members: three elected by Common Shares, six by Series A Common Shares held by TDS.
Chair and CEO roles are separated; annual board self-assessment is conducted.
Audit Committee is fully independent; no independent compensation or nominating committee due to controlled company status.
Corporate governance guidelines and codes of conduct are in place; annual say-on-pay vote held.
- Tower and fiber growth accelerate as wireless assets are divested and capital is returned.AD
47th Annual Raymond James Institutional Investor Conference3 Mar 2026 - Major spectrum sales, special dividends, and fiber expansion drove strong 2025 growth.AD
Q4 202520 Feb 2026 - Q2 net income and EBITDA rose as a $4.4B T-Mobile deal advances amid industry headwinds.AD
Q2 20242 Feb 2026 - Revenue down 6%, free cash flow up, and major asset sales to T-Mobile, Verizon, and AT&T advance.AD
Q1 202530 Jan 2026 - Q3 2024 loss from spectrum impairment; asset sales and fiber growth boost EBITDA guidance.AD
Q3 202417 Jan 2026 - Asset sales and tower focus drive growth, with fixed wireless expanding and margins set to rise.AD
Wells Fargo 8th Annual TMT Summit Conference12 Jan 2026 - Wireless-cable convergence grows, fiber expands, and tower business targets higher margins.AD
Raymond James TMT and Consumer Conference11 Jan 2026 - Strategic asset sales and fiber expansion drive transformation despite revenue decline.AD
Q4 20248 Jan 2026 - Array and TDS are accelerating growth, returning capital, and enhancing fiber and tower operations.AD
Citi’s 2025 Global Technology, Media and Telecommunications Conference31 Dec 2025
Next Array Digital Infrastructure earnings date
Next Array Digital Infrastructure earnings date
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