Cognitive radio networks (CRNs) can facilitate ultra-reliable communication among IoT devices in the 6G environment by enhancing channel availability (CA) for primary and secondary users. However, CA does not necessarily lead to successful connection establishment unless receiver’s accessibility (RA) is guaranteed. This motivates us to propose the notion of connection availability (CoA) that incorporates RA into CA. We also introduce the idea of service maintainability (SM) that includes the effect of RA in service retainability. Additionally, spectrum utilization efficiency (SUE) is expressed and analyzed with and without considering the impact of RA. For performance evaluation, a channel reservation algorithm with customizable configurations is proposed. Furthermore, an analytical model is used to investigate the network performance for all key performance indicators (KPIs) under multiple channel failures and PU arrival rates and determine valuable tradeoffs among KPIs.