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Debt (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Schedule of Long-term Debt

(in thousands)			March 31, 2025						December 31, 2024
Term loan A-1			$	142,645					$	144,451
Term loan A-2			148,134						148,506
Term loan A-3			225,000						125,000
Total debt			515,779						417,957
Less: unamortized loan fees			(1,232)						(1,078)
Total debt, net of unamortized loan fees			$	514,547					$	416,879

Schedule of Interest Income and Interest Expense Disclosure

Interest expense recorded in Shentel’s unaudited condensed consolidated statements of operations consisted of the following:

						Three Months Ended March 31,
(in thousands)						2025						2024
Interest expense						$	7,262					$	5,383
Less: capitalized interest						(2,370)						(1,307)
Interest expense, net of capitalized interest						$	4,892					$	4,076

Maturities of Long-term Debt

The following table summarizes the expected payments of Shentel’s outstanding borrowings as of March 31, 2025:

(in thousands)						Original						As Amended
2025 (remainder of the year)						$	8,074					$	8,074
2026						141,052						10,430
2027						10,170						140,792
2028						356,483						356,483
Total						$	515,779					$	515,779

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