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Acquisitions (Tables) | 12 Months Ended
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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 Chile |  | Entel Peru |  | MainOne
Cash and cash equivalents | $ | — |  |  | $ | — |  |  | $ | 33 |
Accounts receivable | — |  |  | — |  |  | 9 |
Other current assets | 12 |  |  | — |  |  | 22 |
Property, plant and equipment | 81 |  |  | 13 |  |  | 239 |
Intangible assets | 153 |  |  | 10 |  |  | 55 |
Goodwill | 381 |  |  | 46 |  |  | 111 |
Deferred tax and other assets | 12 |  |  | 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 Assets |  | Fair Value |  | Estimated 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 |  |  | 15.0 |  | 15.0 |  | 7.0 | %
MainOne: |  |  |  |  |  |  |  |
Customer relationships (1) |  | 52 |  |  | 10.0 - 15.0 |  | 14.0 |  | 11.5 | %
Trade names (2) |  | 3 |  |  | 5.0 |  | 5.0 |  | 11.5 | %
(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%.

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- Definition Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-1 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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