Array Digital Infrastructure, Inc.
An owner and operator of shared wireless communications infrastructure, Array leases space on its roughly 4,400 cell towers across the United States to wireless carriers, broadband providers, and government agencies that rely on them to deploy 5G and other networks. Born in 1983 as United States Cellular, a regional wireless carrier, the company sold its phone business to T-Mobile in 2025 and rebranded as Array—a name chosen to reflect the "array" of towers it now manages. Headquartered in Chicago, it remains a majority-owned subsidiary of Telephone and Data Systems.
10-Q · Quarter ended Jun 30, 2026 · SEC filing ↗
The original filing sections are available below.
Market Risk As of June 30, 2026, approximately 55% of Array's long-term debt was in fixed-rate senior notes and approximately 45% in variable-rate debt. Fluctuations in market interest rates can lead to volatility in the fair value of fixed-rate notes and interest expense on var…
Market Risk As of June 30, 2026, approximately 55% of Array's long-term debt was in fixed-rate senior notes and approximately 45% in variable-rate debt. Fluctuations in market interest rates can lead to volatility in the fair value of fixed-rate notes and interest expense on variable-rate debt. The following table presents the scheduled principal payments on long-term debt obligations and the related weighted average interest rates by maturity dates at June 30, 2026. Principal Payments Due by Period Long-Term Debt Obligations1 Weighted-Avg. Interest Rates on Long-Term Debt Obligations2 (Dollars in thousands) Remainder of 2026 $ 4,063 6.2 % 2027 8,125 6.2 % 2028 8,125 6.2 % 2029 12,188 6.2 % 2030 292,500 6.2 % Thereafter 363,928 5.9 % Total $ 688,929 6.0 % 1The total long-term debt obligation differs from Long-term debt in the Consolidated Balance Sheet due to unamortized debt issuance costs on all non-revolving debt instruments and unamortized discounts related to the 6.7% Senior Notes. 2Represents the weighted average stated interest rates at June 30, 2026, for debt maturing in the respective periods. See Note 3 — Fair Value Measurements in the Notes to Consolidated Financial Statements for additional information related to the fair value of Array’s Long-term debt as of June 30, 2026. 18 Table of Contents
Read original filing text →