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Discontinued Operations
 3 Months Ended
Mar. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations Discontinued Operations
On July 1, 2021, pursuant to the previously announced Asset Purchase Agreement (the “Purchase Agreement”), dated May 28, 2021, between Shentel and T-Mobile, Shentel completed the sale to T-Mobile of its Wireless assets and operations for cash consideration of approximately $1.94 billion, inclusive of the approximately $60 million settlement of the waived management fees by Sprint, and net of certain transaction expenses (the “Transaction”).

The assets and liabilities that transferred in the sale (the "disposal group") were presented as held for sale within our historical unaudited condensed consolidated balance sheets, and discontinued operations within our historical unaudited condensed consolidated statements of comprehensive income (loss).
Income from discontinued operations, net of tax in the unaudited condensed consolidated statements of comprehensive income (loss) consist of the following:
(in thousands)Three Months Ended
March 31, 2021
Revenue:
Service revenue and other$100,674 
Equipment revenue6,399 
Total revenue107,073 
Operating expenses:
Cost of services19,427 
Cost of goods sold6,221 
Selling, general and administrative10,702 
Severance expense211 
Total operating expenses36,561 
Operating income70,512 
Interest expense and other, net(4,384)
Income before income taxes66,128 
Income tax expense17,656 
Income from discontinued operations, net of tax$48,472 

There was no material income from discontinued operations for the three months ended March 31, 2022.