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Acquisitions (Tables)

3 Months Ended

Mar. 31, 2023

Schedule of Acquisition Capital Expenditures



	For the three months
	ended March 31,
	2023		2022

	(in thousands)
Acquisitions of towers and related intangible assets⁽¹⁾	$	11,471	$	207,863
Acquisition of right-of-use assets		1,309		—
Land buyouts and other assets ⁽²⁾		7,149		7,318
Total cash acquisition capital expenditures	$	19,929	$	215,181

(1)The three months ended March 31, 2022 includes $176.1 million of acquisitions related to the Company’s purchase of sites from Airtel Tanzania.

(2)Excludes $5.1 million and $3.8 million spent to extend ground lease terms for the three months ended March 31, 2023 and 2022, respectively. The Company recorded these amounts in prepaid rent within prepaid and other current assets on its Consolidated Balance Sheets.