T-Mobile US's 15min chart shows Bollinger Bands Expanding Upward, Downward.

According to the 15-minute chart for T-Mobile US, the Bollinger Bands have recently triggered both the Expanding Upward and Expanding Downward indicators at 14:00 on August 11, 2025. This suggests that the market trend is currently being driven by buyers, as the upper Bollinger Band has expanded upward, indicating a bullish momentum. Conversely, the lower Bollinger Band has expanded downward, which may indicate a bearish sentiment. Overall, this mixed signal suggests that the market is experiencing a period of volatility and that investors should exercise caution when making trading decisions.

Array Digital Infrastructure (NYSE: USM), formerly known as United States Cellular Corporation, saw its shares climb 4.38% in pre-market trading on Monday, August 11, 2025, following the release of its second-quarter earnings report and the closure of its $4.3 billion sale of its wireless business to T-Mobile.

For the quarter ended June 30, 2025, Array posted earnings per share (EPS) of $0.36, beating the $0.30 consensus estimate. Revenue totaled $916 million, surpassing expectations of $907.63 million, though it was down 1.2% from the same period a year earlier. The company's transition from a wireless carrier to a tower-focused infrastructure firm marks a significant strategic shift.

Following the closure of the T-Mobile transaction on August 1, 2025, Array announced a special cash dividend of $23.00 per share, payable on August 19, 2025. Interim President and CEO Doug Chambers stated, "I am pleased that we have successfully closed the T-Mobile deal and have declared a special dividend in connection with the transaction. As a tower company with 4,400 towers and a new Master License Agreement with T-Mobile, Array has strength and stability from its current tower revenue stream, along with an excellent opportunity to grow colocations and revenues" [1].

Tower operations showed solid momentum, with third-party tower revenue rising 12% year-over-year. Net income surged to $31 million, or $0.36 per share, up from $17 million, or $0.20 per share, in the same period last year—an 80% increase. As part of its ongoing transformation, Array is withholding full-year 2025 guidance. The company still has pending spectrum sales to AT&T (NYSE: T) and Verizon (NYSE: VZ), expected to close in the second half of 2025 and the third quarter of 2026, respectively, subject to regulatory approval [1].

The company's earnings call provided additional insights. The T-Mobile transaction proceeds included $1.7 billion in debt assumed by T-Mobile, with $364 million in debt remaining at Array as of August 2025. A special dividend of $23 per share was declared, resulting in a $1.63 billion pro-rata payout to Telephone and Data Systems (NYSE: TDS) [2].

The earnings call also highlighted planned debt redemption with transaction proceeds, which will save approximately $80 million annually in interest. This reduction will lower TDS's average cost of debt to just over 6%, including the preferred. The company's credit rating was upgraded to BBB- from BB by S&P on August 1, 2025, reflecting strengthened financials [2].

Array's tower business scale has expanded with approximately 4,400 owned towers, making it the fifth-largest U.S. tower operator. The new Master License Agreement (MLA) with T-Mobile commits T-Mobile to 2,015 colocation sites and extends 600 existing colocations by 15 years. Tower revenues increased by 12% year-over-year in Q2 2025, with colocations rising 6% year-over-year. The tenancy rate declined from 1.57 at June 30, 2025, to approximately 1.0 as of August 1, 2025, excluding T-Mobile interim power sites [2].

Array's strategic transformation includes redirecting capital toward fiber and tower infrastructure. The company aims to reach its goal of 150,000 new fiber service addresses in 2025, with 27,000 new addresses delivered in Q2 2025. The company expects 12-month fiber market penetration of 25%-30% in expansion markets, with steady-state rates projected to reach 40% penetration in year five and 65%-75% in EACAM markets [2].

The earnings report and call highlighted Array's focus on establishing a regular dividend policy following the completion of remaining spectrum sales. Management is also prioritizing scaling the fiber program, expanding the tower business, and executing an articulated capital allocation strategy. Wind-down costs associated with the business transition are expected to negatively impact profitability and adjusted EBITDA for the remainder of 2025 and into 2026 [2].

References:
[1] https://investorshub.advfn.com/market-news/article/14435/array-shares-gain-after-strong-q2-results-and-4-3b-t-mobile-deal-closure
[2] https://www.fool.com/earnings/call-transcripts/2025/08/11/us-cellular-usm-q2-2025-earnings-call-transcript/