v3.26.1
INTANGIBLE ASSETS, NET
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
INTANGIBLE ASSETS, NET INTANGIBLE ASSETS, NET
Intangible assets, net, are comprised of the following:
June 30, 2026December 31, 2025
(In thousands)Gross AmountAccumulated Amortization NetGross AmountAccumulated AmortizationNet
Customer contracts$1,241,980 $(886,922)$355,058 $1,276,009 $(862,508)$413,501 
Right of way assets250,706 (112,203)$138,503 238,876 (99,147)139,729 
Total $1,492,686 $(999,125)$493,561 $1,514,885 $(961,655)$553,230 
As of June 30, 2026, the remaining customer contract amortization terms range from five months to fifteen years with weighted average amortization periods of approximately seven years and the right-of-way assets remaining amortization terms range from one month to fifteen years with weighted average amortization periods of approximately seven years. The overall remaining weighted average amortization period for the intangible assets as of June 30, 2026 was approximately seven years.
The Company recorded $36.6 million and $36.7 million of amortization expenses for the three months ended June 30, 2026 and 2025, respectively, and $73.1 million and $67.3 million for the six months ended June 30, 2026 and 2025, respectively. There was no impairment recognized on intangible assets for the three and six months ended June 30, 2026 and 2025.