United States Cellular (USM) announced two developments, each of which is subject to and will become effective upon the closing of the previously announced sale of its wireless operations to T-Mobile (TMUS). The T-Mobile Transaction is expected to close on August 1, subject to satisfaction of closing conditions. Upon closing: Douglas Chambers will serve as interim President and CEO of the post-closing business. The post-closing business will change its name to Array Digital Infrastructure. Chambers currently serves as Executive Vice President, Chief Financial Officer and Treasurer of UScellular. As interim CEO of Array, he will be responsible for overseeing operations and strategic initiatives related to the portfolio of 4,400 owned towers, noncontrolling investment interests and retained wireless spectrum.
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