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FIXED ASSETS
12 Months Ended
Dec. 31, 2020
FIXED ASSETS:  
FIXED ASSETS:

7. FIXED ASSETS:

As of December 31, 2020 and 2019, property, plant and equipment consisted of the following (in thousands):

Useful Life

    

(in Years)

    

2020

    

2019

 

Telecommunications equipment and towers

 

5 -15

$

1,012,457

$

979,028

Solar assets

20-23

-

40,043

Office and computer equipment

 

3 -10

 

87,427

 

82,630

Buildings

 

15-39

 

52,048

 

48,565

Transportation vehicles

 

3 -10

 

13,730

 

13,424

Leasehold improvements

 

Shorter of useful
life or lease term

 

16,709

 

2,316

Land

 

 

8,180

 

15,503

Furniture and fixtures

 

5 -10

 

11,320

 

8,866

Total property, plant and equipment

 

1,201,871

 

1,190,375

Construction in progress

 

50,909

 

47,180

Total property, plant and equipment

 

1,252,780

 

1,237,555

Less: Accumulated depreciation

 

(716,318)

 

(631,974)

Net fixed assets

$

536,462

$

605,581

Depreciation and amortization of fixed assets, using the straight-line method over the assets’ estimated useful life, for the years ended December 31, 2020, 2019 and 2018 was $86.5 million, $86.9 million and $83.0 million, respectively. Included within telecommunication equipment and towers are certain right to use assets under capital lease with a cost of $25.4 million and $25.9 million and net book value of and $15.9 million and $16.5 million, as of December 31, 2020 and 2019, respectively.

For the years ended December 31, 2020 and 2019, the Company received capital expenditure grants of $16.3 million and $3.1 million, respectively.

The Company had $5.6 million and $3.6 million of capitalized implementation costs at December 31, 2020 and 2019, respectively. The Company amortized $0.7 and $0.2 million of implementation costs during the year ended December 31, 2020 and 2019, respectively.