Successful Transition of Array Digital Infrastructure
Array Digital Infrastructure transitioned into an independent tower company, showing growth and appointing Anthony Carlson as the new President and CEO.
Fiber Expansion Milestone
TDS Telecom achieved 1 million fiber addresses and reported 19% growth in residential fiber connections since last year.
T-Mobile Transaction Benefits
Close of the T-Mobile transaction brought a $1.6 billion special dividend, aiding debt paydown and supporting a $500 million share repurchase program.
Strong Capital Allocation Strategy
TDS is focusing on investing in fiber, exploring M&A opportunities, and returning capital to shareholders through stock repurchase and dividends.
Array Spectrum Monetization Progress
Agreements reached to monetize 70% of spectrum holdings, including sales to Verizon and AT&T for $1 billion each.