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ORGANIZATION AND BUSINESS OPERATIONS (Tables)
6 Months Ended
Jun. 30, 2024
ORGANIZATION AND BUSINESS OPERATIONS  
Schedule of the operating activities of the Company's principal subsidiaries, the segments in which the Company reports its revenue and markets served

The following chart summarizes the operating activities of the Company’s principal subsidiaries, the segments in which it reports its revenue and the markets it served during the three months ended June 30, 2024:

International Telecom

US Telecom

Services

   

Markets

Tradenames

Services

   

Markets

Tradenames

Mobility Services

Bermuda, Guyana, US Virgin Islands

One, GTT, Viya, Brava

Mobility Services

 

United States (rural markets)

Choice, Choice NTUA Wireless

Fixed Services

Bermuda, Cayman Islands, Guyana, US Virgin Islands

One, Logic, GTT, Viya, Brava

Fixed Services

United States

Alaska Communications, Commnet, Choice, Choice NTUA Wireless, Sacred Wind Communications, Ethos, Deploycom

Carrier Services

Bermuda, Guyana, US Virgin Islands

One, Essextel, GTT, Viya

Carrier Services

United States

Alaska Communications, Commnet, Sacred Wind Communications

Managed Services

Bermuda, Cayman Islands, US Virgin Islands, Guyana

Fireminds, One, Logic, GTT, Viya, Brava

Managed Services

 

United States

Alaska Communications, Choice

Schedule of restructuring expenses A summary of the costs, since the first quarter of 2023, is below (in thousands):

US

International

Telecom

Telecom

Total

Employee termination benefits

$

1,960

$

4,681

$

6,641

Contract termination costs

5,777

5,777

Total

$

7,737

$

4,681

$

12,418