Array Digital Infrastructure

As of March 31, 2026, long‑term debt was about $689 million (mix of senior notes and a SOFR‑based term loan) and cash was $254 million. Q1 2026 operating cash flow from continuing operations was ~$24.5 million; capex was ~$13.8 million.

After closing the $1.0 billion Verizon sale on June 1 and completing additional T‑Mobile spectrum sales in May ($168 million), the board declared an $11.00 per share special dividend payable June 25. Pro forma, cash inflows from Verizon and T‑Mobile more than offset the dividend outflow, leaving net debt likely near the low‑$200 millions, which is moderate for a tower platform of this size.

Liquidity also benefits from recurring distributions from equity‑method investments, though these can be uneven year to year.