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An announcement from Array Digital Infrastructure ( (AD) ) is now available.
On January 13, 2026, Array Digital Infrastructure completed the previously announced sale of select spectrum assets, including 700 MHz band licenses, to AT&T’s New Cingular Wireless PCS unit for $1.018 billion in cash, with no portion of the purchase price deferred. The transaction, which follows Array’s August 1, 2025 spectrum sale to T-Mobile and its May 28, 2024 plan to monetize retained spectrum, advances the company’s strategy of extracting value from non-core spectrum holdings and converting it into cash. On the same day, the board declared a special cash dividend of $10.25 per share for holders of Common Stock and Series A Common Stock, payable on February 2, 2026 to shareholders of record as of January 23, 2026, signaling an immediate return of proceeds to investors and underscoring management’s focus on capital returns following the asset sale.
The most recent analyst rating on (AD) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on Array Digital Infrastructure stock, see the AD Stock Forecast page.
Spark’s Take on AD Stock
According to Spark, TipRanks’ AI Analyst, AD is a Outperform.
The stock’s overall score is driven by strong valuation metrics, particularly the high dividend yield, which offsets some of the financial performance challenges. Technical indicators also support a positive outlook, although caution is advised due to potential overbought conditions. Financial performance remains a concern with declining revenues and profitability.
To see Spark’s full report on AD stock, click here.
More about Array Digital Infrastructure
Array Digital Infrastructure, Inc., formerly United States Cellular Corporation, is a leading U.S. owner and operator of shared wireless communications infrastructure, with more than 4,400 cell towers supporting the deployment of 5G and other wireless technologies nationwide. Headquartered in Chicago and approximately 82% owned by Telephone and Data Systems, Inc. (TDS), the company focuses on providing tower infrastructure from coast to coast to mobile network operators and other wireless customers.
Average Trading Volume: 205,423
Technical Sentiment Signal: Strong Buy
Current Market Cap: $4.56B
For an in-depth examination of AD stock, go to TipRanks’ Overview page.