GOVERNMENT SUPPORT AND SPECTRUM MATTERS (Tables)

3 Months Ended

Mar. 31, 2025

Disaggregation of Revenue [Line Items]

Summary of revenues

Revenue accounted for in accordance with ASC 606 consisted of the following for the periods presented below (in thousands):

	Three months ended March 31, 2025
	International		US
	Telecom		Telecom		Total
Services transferred over time	$	89,516	$	68,705	$	158,221
Goods and services transferred at a point in time		3,512		2,906		6,418
Total revenue accounted for under ASC 606	$	93,028	$	71,611	$	164,639
Operating lease income		155		1,828		1,983
Government support revenue (1)		1,312		11,360		12,672
Total revenue	$	94,495	$	84,799	$	179,294

	Three months ended March 31, 2024
	International		US
	Telecom		Telecom		Total
Services transferred over time	$	88,560	$	78,043	$	166,603
Goods and services transferred at a point in time		3,034		3,271		6,305
Total revenue accounted for under ASC 606	$	91,594	$	81,314	$	172,908
Operating lease income		72		2,034		2,106
Government support revenue (1)		1,393		10,387		11,780
Total revenue	$	93,059	$	93,735	$	186,794

(1) Revenue recognized from CAF II, USF and RDOF programs. Refer to Note 8.

Network Connectivity for Eligible Communities

Disaggregation of Revenue [Line Items]

Schedule of grant funds

		Amount
Grants awarded, December 31, 2024	$	150,189
New grants		14,520
Construction complete		(8,610)
Transferred grants		(879)
Grants awarded, March 31, 2025	$	155,220

Remove And Replace Program

Disaggregation of Revenue [Line Items]

Schedule of grant funds

A summary of the amounts spent and reimbursed under the Replace and Remove Program is below (in thousands):

	Capital		Operating		Total
Total spend, December 31, 2024	$	140,949	$	27,446	$	168,395
Amounts spent		11,051		2,625		13,676
Total spend, March 31, 2025	$	152,000	$	30,071	$	182,071
Total reimbursements, December 31, 2024	$	(103,540)	$	(27,181)	$	(130,721)
Reimbursements received		(16,211)		(2,890)		(19,101)
Total reimbursements, March 31, 2025	$	(119,751)	$	(30,071)	$	(149,822)
Amount pending reimbursement	$	32,249	$	-	$	32,249

	Capital		Operating		Total
Total spend, December 31, 2023	$	49,262	$	15,126	$	64,388
Amounts spent		11,734		4,568		16,302
Total spend, March 31, 2024	$	60,996	$	19,694	$	80,690
Total reimbursements, December 31, 2023	$	(12,773)	$	(4,354)	$	(17,127)
Reimbursements received		(8,586)		(5,843)		(14,429)
Total reimbursements, March 31, 2024	$	(21,359)	$	(10,197)	$	(31,556)
Amount pending reimbursement	$	39,637	$	9,497	$	49,134

Communication services

Disaggregation of Revenue [Line Items]

Summary of revenues

The Company recorded the amounts below as communication services revenue for the reported periods (in thousands):    

	Three months ended
	March 31, 2025
	US Telecom		International Telecom		Total
High cost support	$	3,115	$	1,312	$	4,427
CAF II		8,170		—		8,170
RDOF		75		—		75
RHC		4,363		—		4,363
Other		1,636		5		1,641
Total	$	17,359	$	1,317	$	18,676

	Three months ended
	March 31, 2024
	US Telecom		International Telecom		Total
High cost support	$	3,455	$	1,393	$	4,848
CAF II		6,787		—		6,787
RDOF		145		—		145
ECF		6,813		—		6,813
RHC		3,437		—		3,437
Other		6,701		315		7,016
Total	$	27,338	$	1,708	$	29,046