Zacks Investment Research
Array Digital Transitions to a Tower-Focused Business: Worth a Buy?
Array Digital Infrastructure (AD) is transitioning into a pure-play digital infrastructure provider focused on towers after divesting wireless operations. The company achieved 95% year-over-year growth in site rental revenues to $53.2 million in Q2 2026, driven by a major T-Mobile Master License Agreement covering at least 2,015 additional towers for 15+ years. With improving tower tenancy metrics, spectrum monetization opportunities, and margin expansion potential, AD appears positioned for stronger cash generation.
