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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS        
Service revenue $ 241,949 $ 257,202 $ 735,242 $ 783,813
Operating expenses:        
Network operations, including equity-based compensation expense 131,677 161,552 406,608 486,657
Selling, general, and administrative expense 70,423 67,664 209,209 212,706
Acquisition costs - Sprint       21,407
Depreciation and amortization 60,429 85,815 211,756 230,747
Total operating expenses 262,529 315,031 827,573 951,517
Gains on lease terminations and other 2,452   2,452 3,332
Operating loss (18,128) (57,829) (89,879) (164,372)
Interest expense, including change in valuation interest rate swap agreement (43,369) (26,877) (117,317) (85,575)
Loss on debt extinguishment and redemption - 2026 notes     (5,606)  
Gain on bargain purchase - Sprint       22,202
Interest income - IP Transit Services Agreement 3,904 5,438 12,888 18,702
Interest income - Purchase Agreement 441 409 1,299 331
Interest income (expense) and other, net 4,557 (1,153) 1,233 4,074
Loss before income taxes (52,595) (80,012) (197,382) (204,638)
Income tax benefit 11,051 16,900 45,989 43,881
Net loss (41,544) (63,112) (151,393) (160,757)
Comprehensive loss:        
Net loss (41,544) (63,112) (151,393) (160,757)
Foreign currency translation adjustment (236) 8,847 29,253 2,091
Comprehensive loss $ (41,780) $ (54,265) $ (122,140) $ (158,666)
Net loss per common share:        
Basic net loss per common share $ (0.87) $ (1.33) $ (3.17) $ (3.39)
Diluted net loss per common share (0.87) (1.33) (3.17) (3.39)
Dividends declared per common share $ 1.015 $ 0.985 $ 3.03 $ 2.925
Weighted-average common shares - basic 47,603,287 47,426,131 47,827,343 47,453,906
Weighted-average common shares - diluted 47,603,287 47,426,131 47,827,343 47,453,906