Array Digital (AD) Earnings Call Transcript
The Motley Fool
by newsfeedback@fool.com (Motley Fool Transcribing)February 20, 2026
AI-Generated Deep Dive Summary
Array Digital (AD) recently hosted an earnings call that highlighted significant financial developments and strategic initiatives. The company closed a major transaction with AT&T, selling spectrum for $1.018 billion in January 2026, along with a $726 million special dividend to shareholders. TDS Telecom also repaid its final term loan debt of $150 million, showcasing strong cash flow management. Additionally, the company repurchased 1.8 million shares in Q4, totaling 2.8 million shares for $67 million during 2025, with $524 million remaining under its share buyback authorization.
Array Digital delivered impressive fiber growth, adding 58,000 new marketable addresses in Q4—a 39% year-over-year increase—and reaching a total of 140,000 for the full year 2025. Residential net adds rose to 15,000 in the quarter, up 11% from the previous year. The company’s ambitious 2026 fiber build plan aims to deliver between 200,000 and 250,000 new addresses, a notable increase from its 2025 target of 140,000. This reflects Array Digital’s commitment to expanding its fiber network in key markets.
The earnings call also revealed that Array Digital has raised its long-term fiber goal to 2.1 million service addresses, up from the previously stated target of 1.8 million, driven by opportunities in 50 new communities. Capital expenditures for 2026 are projected at $550 million to $600 million, with a focus on advancing A-CAM builds and new edge-out initiatives. Despite slight revenue declines due to divestitures, the company’s telecom revenue guidance for 2026 is set at $1.015 billion to $1.
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Originally published on The Motley Fool on 2/20/2026