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Stock impact report

Array Digital Infrastructure, Inc. (AD): A Bull Case Theory [Yahoo! Finance]

Array Digital Infrastructure, Inc. Common Shares (AD) 
Company Research Source: Yahoo! Finance
Array Digital Infrastructure, Inc.'s share was trading at $48.19 as of January 30th. AD's trailing and forward P/E were 22.14 and 76.34 respectively according to Yahoo Finance. EvgeniiAnd/Shutterstock.com Array Digital Infrastructure, Inc. provides wireless telecommunications services in the United States. AD formerly US Cellular, presents a compelling investment opportunity as it monetizes its remaining assets following the sale of its wireless business to T-Mobile. Shareholders have already received a $23/share special dividend from the wireless sale, with additional spectrum sales over the next eight months expected to generate another ~$22/share. AD's assets include a 4,400-tower portfolio, passive equity interests in Verizon and AT&T markets generating ~$170M annual cash flow, and C-band spectrum, part of which has already been sold for over $2 billion. The tower business is currently under-monetized, with tenancy ratios of ~1.0x versus ~2.5x at peers, but recent hires and Show less Read more
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