Array Digital Infrastructure, Inc.

AI-generated fair value estimate for this company.

Method: Comparable per-tower asset valuation: ~4,400 owned wireless tower sites valued at an estimated $0.9M per tower (in line with typical U.S. tower-portfolio transaction multiples for sites with modest but growing third-party colocation), for ~$3.96B of tower asset value, plus ~$0.3B of residual non-core spectrum/other assets, less net debt of $781.6M ($1,198M total debt less $416.4M cash, 6/30/2026); 86.48M shares outstanding.

Reasoning: Array Digital Infrastructure (formerly United States Cellular) recently sold its wireless spectrum/operations to Verizon for $1.0B and is transitioning into a pure tower-leasing REIT-like business; trailing cash flow is distorted by one-time divestiture gains and wind-down costs, so a comparable per-tower asset value (as tower operators are conventionally valued) is more defensible than a DCF on transitional, non-recurring cash flows.