Chicago – September 07, 2026 -- Telephone and Data Systems, Inc. (NYSE: TDS) has withdrawn its proposal to acquire the roughly 18% of Array Digital Infrastructure, Inc. (NYSE: AD) that it does not already own, ending talks over a stock-for-stock deal that would have exchanged each Array share for 0.86 of a TDS share.

Chicago – September 07, 2026 -- Telephone and Data Systems, Inc. (NYSE: TDS) has withdrawn its proposal to acquire the roughly 18% of Array Digital Infrastructure, Inc. (NYSE: AD) that it does not already own, ending talks over a stock-for-stock deal that would have exchanged each Array share for 0.86 of a TDS share.