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GOODWILL AND INTANGIBLE ASSETS
 3 Months Ended
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, 2025December 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 
202655,733 
202751,841 
202848,242 
202947,038 
Thereafter166,510 
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.