Prnewswireยท2025-07-24 20:25Core Points - United States Cellular Corporation (UScellular) announced the appointment of Doug Chambers as interim President and CEO of the post-closing entity, Array Digital Infrastructure, Inc. [1][2][7] - The sale of UScellular's wireless operations to T-Mobile US, Inc. is expected to close on August 1, 2025, subject to closing conditions [1][2] - The company will change its ticker symbol on the NYSE to "AD" from "USM" following the name change [3] - A special cash dividend in the range of $22.50 - $23.75 per Common Share and Series A Common Share is expected to be approved by the board after the sale closes [4] Company Developments - Doug Chambers has been with the TDS family of companies since 2007 and has served as Executive Vice President, CFO, and Treasurer of UScellular for the past six years [2] - The new company, Array Digital Infrastructure, Inc., will focus on overseeing operations related to its portfolio of 4,400 owned towers and retained wireless spectrum [1][2] - The headquarters of Array Digital Infrastructure, Inc. will remain in Chicago, IL [3] Financial Information - UScellular had approximately 4.4 million retail connections across 21 states as of March 31, 2025 [5] - Telephone and Data Systems, Inc. owned about 83 percent of UScellular at the end of the first quarter of 2025 [5]