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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment consisted of the following:
 
($ in thousands)Estimated Useful LivesDecember 31,
2024
December 31,
2023
Land$4,514 $3,671 
Land improvements
10 years
3,717 4,448 
Buildings and structures
10 - 45 years
52,706 42,871 
Cable and fiber
12 - 30 years
1,294,689 799,612 
Equipment and software
4 - 12 years
417,057 331,595 
Plant in service 1,772,683 1,182,197 
Plant under construction 207,428 145,623 
Total property, plant and equipment 1,980,111 1,327,820 
Less: accumulated depreciation and amortization(541,573)(477,483)
Property, plant and equipment, net $1,438,538 $850,337 

Property, plant and equipment, net increased due primarily to capital expenditures driven by the Company’s assets acquired as a result of the Horizon Transaction and Glo Fiber market expansion. The Company’s accounts payable as of December 31, 2024 and 2023 included amounts associated with capital expenditures of approximately $55.1 million and $51.1 million, respectively. Depreciation and amortization expense was $96.9 million, $62.9 million, and $65.8 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company disposed of fully depreciated property, plant and equipment assets, which reduced plant in service by approximately $34.2 million and $26.0 million, with a corresponding offset to accumulated depreciation and amortization, during the years ended December 31, 2024 and 2023, respectively.

In the fourth quarter of 2021, the Company ceased expansion of its Beam branded fixed wireless edge-out strategy, resulting in a phase out of operations and related assets through 2023. Consequently, Shentel recorded impairments of its Beam property, plant and equipment balances totaling $1.5 million and $4.1 million during the years ended December 31, 2023 and 2022, respectively. Shentel also recorded $7.4 million in accelerated depreciation related to these assets during the year ended December 31, 2022.