Debt and Other Financing Arrangements (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Schedule of Debt

The Company’s debt consists of the following:

(dollars in millions)	March 31, 2025			December 31, 2024
Current portion of long-term debt:
Credit Agreement - Term B-1 Loans	$	5.0		$	5.0
Credit Agreement - Term B-3 Loans		2.0			2.0
Credit Agreement - Term B-4 Loans		9.3			9.3
Other bank debt		—			18.9
Paniolo Fiber Assets Financing Arrangement		—			0.5
Finance lease liabilities		9.3			9.9
Current portion of long-term debt		25.6			45.6
Long-term debt, less current portion:
Credit Agreement - Term B-1 Loans		478.8			480.0
Credit Agreement - Term B-3 Loans		194.5			195.0
Credit Agreement - Term B-4 Loans		919.0			921.3
Various Cincinnati Bell Telephone notes (1)		93.4			93.8
Paniolo Fiber Assets Financing Arrangement		—			20.9
Digital Access Ohio Advance		10.3			10.3
Finance lease liabilities		38.4			37.7
		1,734.4			1,759.0
Net unamortized discount		(5.5	)		(5.8	)
Unamortized note issuance costs		(31.1	)		(33.0	)
Long-term debt, less current portion		1,697.8			1,720.2
Total debt	$	1,723.4		$	1,765.8

As of March 31, 2025 and December 31, 2024, the net carrying amount of the Various Cincinnati Bell Telephone notes included an unamortized fair value adjustment recorded on the Company's merger date, September 7, 2021, of $5.5 million and $5.9 million, respectively. The adjustment is amortized over the life of the notes and is recorded as a reduction of interest expense.