v3.25.2
Subsequent Events
6 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events Subsequent Event
On July 9, 2025 (the “Acquisition Closing Date”), Shentel completed the acquisition of the FTTH assets and operations of a fiber business based in Virginia for $5.0 million. Shentel has concluded that the set of acquired assets and operations meets the definition of a business, and therefore, will apply the acquisition method of accounting, in accordance with the FASB’s ASC 805, “Business Combinations”.

Shentel is in the process of finalizing its evaluation of the tangible and intangible assets acquired and liabilities assumed, as well as the initial purchase price allocation as of the Acquisition Closing Date, including the determination of any resulting goodwill.