TDS Withdraws Bid to Acquire Array

The company will hang on to its existing 82 percent stake

TDS Withdraws Bid to Acquire Array
Photo of TDS headquarters in Madison, Wis., from the company

WASHINGTON, Sept. 3, 2026 – TDS Telecom is calling off its acquisition of Array Digital Infrastructure, the company announced Tuesday.

TDS already owns about 82 percent of Array. TDS had proposed exchanging 0.86 shares of TDS stock for each Array share the company didn’t already own, but that evidently wasn’t satisfying for Array.

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