Clearwire 2009 Annual Report Download - page 103

Th
e
f
o
ll
ow
i
ng ta
bl
e
i
nc
l
u
d
es t
h
e amounts ass
i
gne
d
an
d
est
i
mate
d
rema
i
n
i
ng use
f
u
lli
ves
f
or eac
h
c
l
ass o
f
p
roperty, p
l
ant an
d
equ
i
pment (
i
nt
h
ousan
d
s):
V
a
l
ue
Ass
ig
ned
Est
i
mated Rema
i
n
i
ng
Use
f
ul L
ife
(
Years
)
Networ
k
an
db
ase stat
i
on e
q
u
ip
men
t
........................
$
116,029 5
C
ustomer prem
i
se equ
i
pmen
t
.............................
1
9
,
88
6
1to2
F
urn
i
ture,
fi
xtures an
d
equ
i
pmen
t
..........................
2
8
,
595 2
T
h
e
l
esser o
f
t
he
L
easehold improvements . . .
.
...........................
.
7,
324 lease term or
5
C
onstruction in pro
g
ress
.................................
221,717 N/A
$
393
,
551
The followin
g
table includes the amounts assi
g
ned and estimated wei
g
hted avera
g
e remainin
g
useful lives fo
r
owned and leased spectrum licenses (in thousands)
:
V
a
l
ue
A
ss
ig
ne
d
W
ei
g
hted Avera
g
e
Remaining Usefu
l
L
ife
(
Years
)
I
ndefinite-lived owned s
p
ectrum
.
........................... $
4
80,028 Indefinit
e
D
e
fi
n
i
te-
li
ve
d
owne
d
s
p
ectru
m
.............................
1
20,915 1
8
Spectrum
l
eases.......................................
.
1
,
043
,
882 27
$1
,
644
,
825
Th
e
f
o
ll
ow
i
ng ta
bl
e
i
nc
l
u
d
es t
h
e amounts ass
i
gne
d
an
d
est
i
mate
d
we
i
g
h
te
d
average rema
i
n
i
ng use
f
u
lli
ves
f
o
r
e
ach class of intan
g
ible assets (in thousands)
:
V
a
l
ue
A
ss
ig
ne
d
W
e
i
ghted Average
R
ema
i
n
i
n
g
Use
f
ul L
ife
(
Years
)
Su
b
scr
ib
er re
l
at
i
ons
hips
................................
$118,869 4 - 7
T
ra
d
e names an
d
tra
d
emar
k
s
.............................
3
,
804 5
$
122
,
67
3
Net Loss From Sett
l
ement o
f
Pre-existing Re
l
ations
h
i
ps
B
efore the Closing, Sprint leased spectrum to Old Clearwire through various spectrum lease agreements. As
p
art o
f
t
h
e Transact
i
ons, Spr
i
nt contr
ib
ute
db
ot
h
t
h
e spectrum
l
ease agreements an
d
t
h
e spectrum assets un
d
er
l
y
i
ng
t
h
ose a
g
reements to our
b
us
i
ness. As a resu
l
to
f
t
h
e Transact
i
ons, t
h
e spectrum
l
ease a
g
reements were e
ff
ect
i
ve
ly
terminated, and the settlement of those a
g
reements was accounted for as a separate element apart from the busines
s
c
om
bi
nat
i
on. T
h
e sett
l
ement ga
i
nor
l
oss recogn
i
ze
df
rom t
h
e term
i
nat
i
on was va
l
ue
db
ase
d
on t
h
e amount
b
yw
hi
c
h
t
h
e agreements are
f
avora
bl
eorun
f
avora
bl
e to our
b
us
i
ness re
l
at
i
ve to current mar
k
et rates. T
h
e spectrum
l
eas
e
a
g
reements were considered to be unfavorable to our business b
y
approximatel
y
$80.6 million on a net basis. A
s
s
uc
h
,were
d
uce
d
t
h
e purc
h
ase cons
id
erat
i
on pa
id
an
d
recor
d
e
d
a non-recurr
i
ng expense o
f
approx
i
mate
ly
$
80.6 million, which is included in transaction related expenses, related to the settlement of the unfavorable
s
pectrum lease a
g
reements in connection with the Transactions.
9
3
C
LEARWIRE
CO
RP
O
RATI
O
N AND
SU
B
S
IDIARIE
S
N
OTES TO CONSOLIDATED FINANCIAL STATEMENTS —
(
Continued
)