December 31,

Depreciable

(dollars in millions)

2023

2022

Lives (Years)

Land and rights-of-way

$

133.5

$

132.8

20 – Indefinite

Buildings and leasehold improvements

223.1

201.3

5 – 40

Network equipment

2,516.1

1,970.5

2 – 50

Office software, furniture, fixtures and vehicles

175.3

135.2

2 – 14

Construction in process

152.1

112.2

n/a

Gross value

3,200.1

2,552.0

Accumulated depreciation

(741.0

)

(435.2

)

Property, plant and equipment, net

$

2,459.1

$

2,116.8