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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):

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Useful Life

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(in Years)

    

2020

    

2019

 

Telecommunications equipment and towers

 

5 -15

​

$

1,012,457

​

$

979,028

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Solar assets

​

20-23

​

​

-

​

​

40,043

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Office and computer equipment

 

3 -10

​

 

87,427

​

 

82,630

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Buildings

 

15-39

​

 

52,048

​

 

48,565

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Transportation vehicles

 

3 -10

​

 

13,730

​

 

13,424

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Leasehold improvements

 

Shorter of useful
life or lease term

​

 

16,709

​

 

2,316

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Land

 

—

​

 

8,180

​

 

15,503

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Furniture and fixtures

 

5 -10

​

 

11,320

​

 

8,866

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Total property, plant and equipment

​

​

​

 

1,201,871

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1,190,375

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Construction in progress

​

​

​

 

50,909

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47,180

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Total property, plant and equipment

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​

​

 

1,252,780

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1,237,555

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Less: Accumulated depreciation

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​

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(716,318)

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(631,974)

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Net fixed assets

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​

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$

536,462

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$

605,581

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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.

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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.