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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Allocation of Total Purchase Consideration
A summary of the final allocation of total purchase consideration is presented as follows (in thousands):
GPX IndiaEntel PeruEntel ChileMainOne
FinalProvisional
Cash and cash equivalents$9,406 $— $— $33,026 
Accounts receivable4,399 — — 9,431 
Other current assets 8,883 — 12,424 21,988 
Property, plant and equipment88,130 13,423 81,132 239,583 
Operating lease right-of-use assets62 — — — 
Intangible assets15,408 10,000 153,489 54,800 
Goodwill77,145 46,285 380,867 110,648 
Deferred tax and other assets20 10,801 12,090 6,731 
Total assets acquired
203,453 80,509 640,002 476,207 
Accounts payable and accrued liabilities(1,566)— (195)(19,790)
Other current liabilities (1)
(478)— — (13,061)
Operating lease liabilities(62)— — — 
Finance lease liabilities(20,565)— — — 
Mortgage and loans payable— — — (25,944)
Deferred tax and other liabilities (1)
(10,317)(167)(1,463)(139,062)
Net assets acquired
$170,465 $80,342 $638,344 $278,350 
(1)For the MainOne Acquisition, other current liabilities includes $9.9 million of deferred revenue - current and the other liabilities includes $95.4 million of deferred revenue - non-current.
Schedule of Acquired Intangible Assets The following table presents certain information on the acquired intangible assets (in thousands):
Intangible AssetsFair ValueEstimated Useful Lives (Years)Weighted-average Estimated Useful Lives (Years)Discount Rate
GPX India:
Customer relationships (1)
$15,408 15.015.011.0 %
Entel Peru:
Customer relationships (1)
10,000 15.015.07.0 %
Entel Chile:
Customer relationships (1)
153,489 
12.0 - 15.0
14.0
8.5% - 9.5%
MainOne:
Customer relationships (1)
51,500 
10.0 - 15.0
14.011.5 %
Trade names (2)
3,300 5.05.011.5 %
(1)The fair value was estimated by calculating the present value of estimated future operating cash flows generated from existing customers less costs to realize the revenue and/or by using benchmarking. The rates reflect the nature of the assets as they relate to the risk and uncertainty of the estimated future operating cash flows, as well as the risk of the country within which the acquired business operates.
(2)The fair value of the MainOne trade name was estimated using the relief from royalty method under the income approach. We applied a relief from royalty rate of 1.0%.