Array Digital Infrastructure Inc. (Array) announced the formation of a special committee composed of independent directors to evaluate the non-binding acquisition proposal submitted by Telephone and Data (TDS).

The committee will be fully responsible for reviewing the terms of the proposal and providing professional advice to the board of directors regarding subsequent actions. The establishment of this special committee marks Array's formal response to the intention to acquire TDS. The company emphasizes that it will adhere to the principle of maximizing shareholder interests and will handle this significant matter prudently through an independent and professional process.