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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2020
Business Combinations [Abstract]  
Schedule of final allocation of total purchase consideration
A summary of the preliminary allocation of total purchase consideration is presented as follows (in thousands):
 
Packet
 
Axtel
Cash and cash equivalents
$
1,068

 
$

Accounts receivable
5,073

 

Other current assets
117

 
14,048

Property, plant and equipment
27,945

 
76,407

Operating lease right-of-use assets
1,519

 
1,646

Intangible assets
62,700

 
22,750

Goodwill
227,602

 
78,902

Other assets
138

 

Total assets acquired
326,162

 
193,753

Accounts payable and accrued liabilities
(1,001
)
 
(238
)
Other current liabilities
(860
)
 

Operating lease liabilities
(1,519
)
 
(1,586
)
Finance lease liabilities
(27,945
)
 

Other liabilities

 
(162
)
Deferred tax liabilities
(4,539
)
 
(2,749
)
Net assets acquired
$
290,298

 
$
189,018


Schedule of acquired intangible assets
The following table presents certain information on the acquired intangible assets (in thousands):
Intangible Assets
 
Fair Value
 
Estimated Useful Lives (Years)
 
Weighted-average Estimated Useful Lives (Years)
Packet:
 
 
 
 
 
 
Trade names
 
$
1,600

 
3.0
 
3.0
Existing technology
 
5,100

 
3.0
 
3.0
Customer relationships
 
56,000

 
10.0
 
10.0
Axtel:
 
 
 
 
 
 
Customer relationships
 
22,750

 
15.0
 
15.0