On August 1, 2020, the Company entered into an Asset Purchase Agreement (the “Purchase Agreement”), by and between the Company and DISH Wireless L.L.C. ("EchoStar", DISH's post-merger parent). Under the Purchase Agreement and in accordance with the terms and conditions set forth therein, the Company sold to EchoStar its mobile customer accounts that are marketed and sold under the Ting brand (other than certain customer accounts associated with one network operator) (“Transferred Assets”). For a period of 10 years following the execution of the Purchase Agreement, EchoStar will pay a monthly fee to the Company generally equal to an amount of net revenue received by EchoStar in connection with the transferred customer accounts minus certain fees and expenses, as further set forth in the Purchase Agreement.

The Company accounts for investment in entities over which it has the ability to exert significant influence, but does not control and is not the primary beneficiary of, using the equity method of accounting. The Company includes the proportionate share of earnings (loss) of the equity method investees in Other Income. The Company also earned other non-operational income during the period amounting to less than $0.1 million.


(Dollar amounts in thousands of U.S. dollars)	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Income earned on sale of transferred assets	$	2,479	$	3,112	$	4,995	$	5,853
Equity in (earnings) losses of unconsolidated businesses	(2)		16		(61)		(46)
Other income	88		-		88		-
Total other income	$	2,565	$	3,128	$	5,022	$	5,807


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Interest expense	$	(14,660)	$	(14,081)	$	(28,828)	(28,209)
Interest income	210		460		513		975
Interest expense, net	$	(14,450)	$	(13,621)	$	(28,315)	(27,234)