Revenue (Tables)

12 Months Ended

Dec. 31, 2021

The expected revenue to be recognized for existing IRU contracts is as follows:

The following table presents the activity for the Company’s contract assets:

	Successor
	Fulfillment Costs									Cost of Acquisition									Total Contract Assets
				IT Services									IT Services									IT Services
				and			Total						and			Total						and			Total
(dollars in millions)	Network			Hardware			Company			Network			Hardware			Company			Network			Hardware			Company
Balance as of September 8, 2021 (remeasured upon Merger)	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Additions		0.7			0.8			1.5			3.5			0.4			3.9			4.2			1.2			5.4
Amortization		—			(0.1	)		(0.1	)		(0.2	)		(0.1	)		(0.3	)		(0.2	)		(0.2	)		(0.4	)
Balance as of December 31, 2021	$	0.7		$	0.7		$	1.4		$	3.3		$	0.3		$	3.6		$	4.0		$	1.0		$	5.0


	Predecessor
	Fulfillment Costs									Cost of Acquisition									Total Contract Assets
				IT Services									IT Services									IT Services
				and			Total						and			Total						and			Total
(dollars in millions)	Network			Hardware			Company			Network			Hardware			Company			Network			Hardware			Company
Balance as of December 31, 2018	$	14.5		$	2.5		$	17.0		$	13.0		$	2.0		$	15.0		$	27.5		$	4.5		$	32.0
Additions		3.6			3.5			7.1			10.0			1.6			11.6			13.6			5.1			18.7
Amortization		(10.1	)		(1.9	)		(12.0	)		(8.2	)		(1.3	)		(9.5	)		(18.3	)		(3.2	)		(21.5	)
Balance as of December 31, 2019		8.0			4.1			12.1			14.8			2.3			17.1			22.8			6.4			29.2
Additions		3.6			2.2			5.8			9.4			3.5			12.9			13.0			5.7			18.7
Amortization		(8.1	)		(2.4	)		(10.5	)		(8.4	)		(2.2	)		(10.6	)		(16.5	)		(4.6	)		(21.1	)
Balance as of December 31, 2020		3.5			3.9			7.4			15.8			3.6			19.4			19.3			7.5			26.8
Additions		2.5			2.6			5.1			7.2			0.4			7.6			9.7			3.0			12.7
Amortization		(5.2	)		(1.9	)		(7.1	)		(6.7	)		(1.1	)		(7.8	)		(11.9	)		(3.0	)		(14.9	)
Balance as of September 7, 2021	$	0.8		$	4.6		$	5.4		$	16.3		$	2.9		$	19.2		$	17.1		$	7.5		$	24.6

The following table presents revenues disaggregated by product and service lines:

	Successor			Predecessor
	September 8, 2021 to			January 1, 2021 to			Year Ended			Year Ended
(dollars in millions)	December 31, 2021			September 7, 2021			December 31, 2020			December 31, 2019
Data	$	156.2		$	334.6		$	479.4		$	475.0
Video		60.4			131.8			193.8			203.0
Voice		76.4			177.3			262.8			284.9
Other		10.8			20.5			33.6			32.8
Total Network		303.8			664.2			969.6			995.7
Consulting		105.5			193.6			196.0			152.6
Cloud		31.9			66.4			86.2			92.1
Communications		68.5			149.1			215.0			198.7
Infrastructure Solutions		53.4			83.3			119.4			124.0
Total IT Services and Hardware		259.3			492.4			616.6			567.4
Intersegment revenue		(8.7	)		(17.9	)		(26.4	)		(26.4	)
Total revenue	$	554.4		$	1,138.7		$	1,559.8		$	1,536.7

The following table presents revenues disaggregated by contract type:

	Successor		Predecessor
	September 8, 2021 to		January 1, 2021 to		Year Ended		Year Ended
(dollars in millions)	December 31, 2021		September 7, 2021		December 31, 2020		December 31, 2019
Network
Products and services transferred at a point in time	$	8.0	$	15.8	$	27.9	$	31.7
Products and services transferred over time		289.3		635.3		922.0		942.4
Intersegment revenue		6.5		13.1		19.7		21.6
Total Network		303.8		664.2		969.6		995.7
IT Services and Hardware
Products and services transferred at a point in time		59.4		90.1		127.9		138.7
Products and services transferred over time		197.7		397.5		482.0		423.9
Intersegment revenue		2.2		4.8		6.7		4.8
Total IT Services and Hardware		259.3		492.4		616.6		567.4
Total Revenue
Total products and services transferred at a point in time		67.4		105.9		155.8		170.4
Total products and services transferred over time		487.0		1,032.8		1,404.0		1,366.3
Total revenue	$	554.4	$	1,138.7	$	1,559.8	$	1,536.7