GOVERNMENT SUPPORT AND SPECTRUM MATTERS (Tables)

9 Months Ended

Sep. 30, 2024

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 September 30, 2024						Three months ended September 30, 2023
	International		US				International		US
	Telecom		Telecom		Total		Telecom		Telecom		Total
Services transferred over time	$	89,139	$	69,856	$	158,995	$	87,657	$	81,459	$	169,116
Goods and services transferred at a point in time		3,591		2,016		5,607		4,752		4,111		8,863
Total revenue accounted for under ASC 606	$	92,730	$	71,872	$	164,602	$	92,409	$	85,570	$	177,979
Operating lease income		157		1,918		2,075		72		1,876		1,948
Government grant revenue (1)		1,394		10,380		11,774		1,397		9,712		11,109
Total revenue	$	94,281	$	84,170	$	178,451	$	93,878	$	97,158	$	191,036

	Nine months ended September 30, 2024						Nine months ended September 30, 2023
	International		US				International		US
	Telecom		Telecom		Total		Telecom		Telecom		Total
Services transferred over time	$	267,970	$	219,728	$	487,698	$	260,066	$	242,862	$	502,928
Goods and services transferred at a point in time		10,243		8,935		19,178		11,792		9,255		21,047
Total revenue accounted for under ASC 606	$	278,213	$	228,663	$	506,876	$	271,858	$	252,117	$	523,975
Operating lease income		304		5,989		6,293		217		5,593		5,810
Government grant revenue (1)		4,180		31,178		35,358		4,192		29,273		33,465
Total revenue	$	282,697	$	265,830	$	548,527	$	276,267	$	286,983	$	563,250

(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

The Company has also been awarded construction grants to build network connectivity for eligible communities. The funding of these grants, used to reimburse the Company for its construction costs, is generally distributed after the Company incurs reimbursable costs. Completion deadlines begin in 2024 and once these projects are constructed, the Company is obligated to provide service to the participants. The Company expects to meet all requirements associated with these grants.  A roll forward of the Company’s grant awards is below (in thousands).

	Amount
Grants awarded, December 31, 2023	$	100,149
New grants		—
Construction complete		—
Transferred grants		—
Grants awarded, September 30, 2024	$	100,149

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, 2023	$	49,262	$	15,126	$	64,388
Amounts spent		66,501		9,049		75,550
Total spend, September 30, 2024	$	115,763	$	24,175	$	139,938
Total reimbursements, December 31, 2023	$	(12,773)	$	(4,354)	$	(17,127)
Reimbursements received		(68,450)		(18,739)		(87,189)
Total reimbursements, September 30, 2024	$	(81,223)	$	(23,093)	$	(104,316)
Amount pending reimbursement	$	34,540	$	1,082	$	35,622

	Capital		Operating		Total
Total spend, December 31, 2022	$	1,836	$	1,489	$	3,325
Amounts spent		27,060		8,151		35,211
Total spend, September 30, 2023	$	28,896	$	9,640	$	38,536
Total reimbursements, December 31, 2022	$	—	$	—	$	—
Reimbursements received		(833)		(1,115)		(1,948)
Total reimbursements, September 30, 2023	$	(833)	$	(1,115)	$	(1,948)
Amount pending reimbursement	$	28,063	$	8,525	$	36,588

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						Three months ended
	September 30, 2024						September 30, 2023
	US Telecom		International Telecom		Total		US Telecom		International Telecom		Total
High cost support	$	3,473	$	1,394	$	4,867	$	2,288	$	1,397	$	3,685
CAF II		6,731		—		6,731		6,815		—		6,815
RDOF		175		—		175		608		—		608
ECF		—		—		—		6,813		—		6,813
RHC		4,420		—		4,420		3,007		—		3,007
Other		1,908		3		1,911		4,997		5		5,002
Total	$	16,707	$	1,397	$	18,104	$	24,528	$	1,402	$	25,930

	Nine months ended						Nine months ended
	September 30, 2024						September 30, 2023
	US Telecom		International Telecom		Total		US Telecom		International Telecom		Total
High cost support	$	10,411	$	4,180	$	14,591	$	7,004	$	4,192	$	11,196
CAF II		20,303		—		20,303		20,445		—		20,445
RDOF		465		—		465		1,824		—		1,824
ECF		7,312		—		7,312		21,694		—		21,694
RHC		11,539		—		11,539		8,795		—		8,795
Other		10,316		473		10,789		14,356		14		14,370
Total	$	60,346	$	4,653	$	64,999	$	74,118	$	4,206	$	78,324