Array Digital Transitions to a Tower-Focused Business: Worth a Buy?

Array Digital Infrastructure, Inc. AD is undergoing a major transformation after divesting its wireless operations, positioning itself as a pure-play digital infrastructure provider centered on its tower portfolio. The transition is strengthening recurring revenues and creating opportunities for margin expansion. Tower Business Picks Up Steam Array owned 4,456 towers across 19 states at the end of second-quarter 2026. The company plans to grow its tower business primarily through additional colocations and amendments to existing sites, which should generate incremental revenue without requiring proportionate increases in operating costs. Momentum is already visible. Second-quarter site rental revenues surged 95% year over year to $53.