v3.25.0.1
Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Allocation of Total Purchase Consideration
A summary of the final allocation of total purchase consideration is presented as follows (in millions):
Entel ChileEntel PeruMainOne
Cash and cash equivalents$— $— $33 
Accounts receivable— — 9 
Other current assets 12 — 22 
Property, plant and equipment81 13 239 
Intangible assets153 10 55 
Goodwill381 46 111 
Deferred tax and other assets12 11 6 
Total assets acquired
639 80 475 
Accounts payable and accrued liabilities— — (19)
Other current liabilities (1)
— — (13)
Mortgage and loans payable— — (26)
Deferred tax and other liabilities (1)
(1)— (139)
Net assets acquired
$638 $80 $278 
(1)For the MainOne Acquisition, other current liabilities includes $10 million of deferred revenue, current and deferred tax and other liabilities includes $95 million of deferred revenue, non-current.
Schedule of Acquired Intangible Assets
The following table presents certain information on the acquired intangible assets (in millions):
Intangible AssetsFair ValueEstimated Useful Lives (Years)Weighted-average Estimated Useful Lives (Years)Discount Rate
Entel Chile:
Customer relationships (1)
$153 
12.0 - 15.0
14.0
8.5% - 9.5%
Entel Peru:
Customer relationships (1)
10 15.015.07.0 %
MainOne:
Customer relationships (1)
52 
10.0 - 15.0
14.011.5 %
Trade names (2)
3 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%.