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GOODWILL AND INTANGIBLE ASSETS | 3 Months Ended
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Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS The carrying amount of goodwill was $929.6 million at both March 31, 2025 and December 31, 2024. The Company has not historically recorded any impairment of goodwill. Intangible assets consisted of the following (dollars in thousands):
|  |  | March 31, 2025 |  | December 31, 2024
| Useful Life Range (in years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Finite-Lived Intangible Assets |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships | 13.5 – 17 |  | $ | 785,203 |  |  | $ | 374,382 |  |  | $ | 410,821 |  |  | $ | 785,203 |  |  | $ | 359,432 |  |  | $ | 425,771 |
Trademarks and trade names | 2 – 4.2 |  | 8,389 |  |  | 7,890 |  |  | 499 |  |  | 8,389 |  |  | 7,400 |  |  | 989 |
Wireless licenses | 10 |  | 4,793 |  |  | 1,051 |  |  | 3,742 |  |  | 4,793 |  |  | 931 |  |  | 3,862 |
Total finite-lived intangible assets |  |  | $ | 798,385 |  |  | $ | 383,323 |  |  | $ | 415,062 |  |  | $ | 798,385 |  |  | $ | 367,763 |  |  | $ | 430,622 |
Indefinite-Lived Intangible Assets |  |  |  |  |  |  |  |  |  |  |  |  |
Franchise agreements |  |  |  |  |  |  | $ | 2,102,233 |  |  |  |  |  |  | $ | 2,102,233 |
Total intangible assets, net |  |  |  |  |  |  | $ | 2,517,295 |  |  |  |  |  |  | $ | 2,532,855 |
Intangible asset amortization expense was $15.6 million and $16.5 million for the three months ended March 31, 2025 and 2024, respectively. The future amortization of existing finite-lived intangible assets as of March 31, 2025 was as follows (in thousands):
Year Ending December 31, |  | Amount
2025 (remaining nine months) |  | $ | 45,698 |
2026 |  | 55,733 |
2027 |  | 51,841 |
2028 |  | 48,242 |
2029 |  | 47,038 |
Thereafter |  | 166,510 |
Total |  | $ | 415,062 |
Actual amortization expense in future periods may differ from the amounts above as a result of intangible asset acquisitions or divestitures, changes in useful life estimates, impairments or other relevant factors.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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