v3.25.1
Description of the business: - Acquisition of Sprint Communications - Fair Value of Assets Acquired and Liabilities Assumed and Gain on Bargain Purchase (Details) - USD ($)
$ in Thousands
 3 Months Ended
May 01, 2023
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Gain on bargain purchase            
Reduction to gain on bargain purchase       $ 5,470    
Adjustment to reclassify, right-of-use leased assets           $ 24,900
Unfavorable lease liabilities           $ 160,900
Estimated payment related to acquired short-term lease obligations $ 157,200          
Optical fiber            
Current assets:            
Total property and equipment 369,200          
Wireline Network Holdings LLC            
Current assets:            
Cash and cash equivalents 47,074          
Accounts receivable 39,948          
Prepaid expenses and other current assets 22,777          
Total current assets 109,799          
Total property and equipment 965,715          
Right-of-use leased assets 304,982          
IPv4 intangible assets 458,000          
Other intangible assets $ 16,000          
Deposits and other assets 7,521          
Total assets $ 1,862,017          
Current liabilities:            
Accounts payable 13,313          
Accrued and other current liabilities $ 25,344          
Current maturities, operating lease liabilities 74,562          
Current maturities, finance lease liabilities $ 39,559          
Total current liabilities 152,778          
Operating lease liabilities, net of current maturities 251,573          
Finance lease liabilities, net of current maturities 121,342          
Deferred income tax liabilities 474,891          
Other long-term liabilities 35,366          
Total liabilities 1,035,950          
Fair value of net assets acquired 826,067          
Gain on bargain purchase            
Fair value of net assets acquired 826,067          
Total net consideration to be received from the Seller, net of discounts 602,581          
Gain on bargain purchase 1,428,648 $ 1,400,000        
Consideration paid $ 1 1        
Reduction to gain on bargain purchase     $ 27,700 5,500    
Reduction in short term lease payment       24,200    
Reduction of acquired short term lease obligations, net of discount       17,000    
Severance reimbursement payments received     8,000 4,300    
Adjustment to net deferred income tax liabilities     $ 19,700      
Increase in unfavorable lease liabilities       6,000    
Decrease in accrued liabilities       11,300    
Reduction in deferred income tax liabilities       1,900    
Wireline Network Holdings LLC | Customer relationships            
Current assets:            
Other intangible assets   16,000        
Gain on bargain purchase            
Reduction of intangible assets         $ 41,000  
Acquired customer relationships, estimated useful life (in years) 9 years          
Intangible Assets   400   $ 400    
Acquired customer relationships, future amortization expense per year   $ 1,800        
Acquired customer relationships, future amortization expense, amortization period (in years)   7 years