Array Digital Infrastructure completed the sale of a spectrum license to Verizon. The deal supplies AD with liquidity and reduces its asset holdings, while Verizon acquires spectrum to enhance its wireless network capacity. Array Digital Infrastructure (seller), Verizon (buyer), and the Federal Communications Commission as the licensing authority. AD will likely allocate the proceeds to debt repayment or new investments; Verizon will integrate the license into its upcoming 5G/6G rollout. Array Digital Infrastructure (AD) has completed the sale of a spectrum license to Verizon, as reported by Yahoo Finance on June 27, 2026. The transaction transfers FCC‑authorized airwaves from AD to the wireless carrier, providing AD with immediate cash proceeds. Verizon gains additional spectrum to support its network expansion, while AD can use the funds for debt reduction or reinvestment.
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