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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net loss $ (151,393) $ (160,757)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 211,756 230,747
Amortization of debt costs and discounts 4,252 2,364
Amortization of discounts, due from T-Mobile, IP Transit Services & Purchase Agreements (14,187) (19,033)
Equity-based compensation expense (net of amounts capitalized) 21,609 18,390
Loss on debt extinguishment and redemption - 2026 notes 5,606  
Gain on bargain purchase - Sprint   (22,202)
Gains on finance lease terminations and other (2,452) (3,332)
Deferred income taxes (46,722) (66,902)
Changes in operating assets and liabilities:    
Accounts receivable 1,081 35,910
Prepaid expenses and other current assets (3,215) (3,949)
Due to T-Mobile - Transition Services Agreement (169) (65,338)
Due from T-Mobile - Transition Services Agreement (507) 4,514
Accounts payable, accrued liabilities and other long-term liabilities (27,170) 32,785
Deposits and other assets (3,076) (6,374)
Net cash used in operating activities (4,587) (23,177)
Cash flows from investing activities:    
Cash receipts - IP Transit Services Agreement - T-Mobile 75,000 179,167
Acquisition of Sprint - severance reimbursement   12,323
Purchases of property and equipment (150,538) (148,894)
Net cash (used in) provided by investing activities (75,538) 42,596
Cash flows from financing activities:    
Dividends paid (147,759) (140,992)
Purchases of common stock (16,686) (7,968)
Debt extinguishment and redemption - 2026 notes (505,000)  
Proceeds from exercises of stock options 175 952
Settlement of finance lease - at a discount   (114,576)
Principal payments of finance lease obligations (25,314) (46,653)
Net cash provided by financing activities 73,737 181,068
Effect of exchange rates changes on cash 4,766 1,824
Net (decrease) increase in cash, cash equivalents and restricted cash (1,622) 202,311
Cash, cash equivalents and restricted cash, beginning of period 227,916 113,781
Cash, cash equivalents and restricted cash, end of period 226,294 316,092
Supplemental disclosure of non-cash financing activities:    
Finance lease obligations incurred 107,665 171,638
Senior unsecured 2027 notes    
Cash flows from financing activities:    
Net proceeds from issuance of senior unsecured 2027 notes - net of discount of $6.8 million and debt costs of $1.4 million   291,879
Secured IPv4 notes    
Cash flows from financing activities:    
Net proceeds from issuance 170,479 $ 198,426
Senior secured 2032 notes    
Cash flows from financing activities:    
Net proceeds from issuance $ 597,842