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ORGANIZATION AND BUSINESS OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2025

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, 2025:

​

​	​	​	​	​	​	​	​	​	​
International Telecom					US Telecom
Services		Markets	​	Tradenames (1)	Services		Markets	​	Tradenames
Mobility Services	​	Bermuda, Guyana, US Virgin Islands	​	One Communications	Mobility Services		United States (rural markets)	​	Choice, Choice NTUA Wireless
Fixed Services	​	Bermuda, Cayman Islands, Guyana, US Virgin Islands	​	One Communications, Logic	Fixed Services	​	United States	​	Alaska Communications, Commnet, Choice, Choice NTUA Wireless, Sacred Wind Communications, Ethos Broadband, Deploycom
Carrier Services	​	Bermuda, Guyana, US Virgin Islands	​	One Communications, Essextel	Carrier Services	​	United States	​	Alaska Communications, Commnet, Sacred Wind Communications
Managed Services	​	Bermuda, Cayman Islands, US Virgin Islands, Guyana	​	One Communications, Logic, Brava	Managed Services		United States	​	Alaska Communications, Choice

(1) In 2024, the Company completed a rebranding in Guyana and GTT is now known as “One Communications.” The Company refers to its business in Guyana as “OneGY” throughout this report. In April 2025, the Company completed a rebranding in the US Virgin Islands and Viya is now known as “One Communications.” The Company refers to its business in the U.S. Virgin Islands as “OneVI” throughout this report.”

Schedule of restructuring and reorganization costs

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended June 30, 2025

​

​

​

International

​

​

US

​

​

Corporate and

​

​

​

​

​

​

Telecom

​

​

Telecom

​

​

Other (1)

​

​

Consolidated

Employee costs

​

$

1,337

​

$

2,327

​

$

544

​

$

4,208

Consulting costs

​

​

—

​

​

—

​

​

552

​

​

552

Other

​

​

48

​

​

30

​

​

69

​

​

147

Total

​

$

1,385

​

$

2,357

​

$

1,165

​

$

4,907

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Six months ended June 30, 2025

​

​

​

International

​

​

US

​

​

Corporate and

​

​

​

​

​

​

Telecom

​

​

Telecom

​

​

Other (1)

​

​

Consolidated

Employee costs

​

$

2,843

​

$

2,461

​

$

544

​

$

5,848

Consulting costs

​

​

—

​

​

—

​

​

742

​

​

742

Other

​

​

48

​

​

30

​

​

69

​

​

147

Total

​

$

2,891

​

$

2,491

​

$

1,355

​

$

6,737

​

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- Definition

Tabular disclosure of the operating activities of the Company's principal subsidiaries, the segments in which the Company reports its revenue, and the markets served.

+ References

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

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-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 5.P.3)
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-Topic 420
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-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
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-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

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