Shentel

Shenandoah Telecommunications Company Completes Acquisition of Horizon Telcom

Retrieved on: 
Monday, April 1, 2024

EDINBURG, Va., April 01, 2024 (GLOBE NEWSWIRE) --  Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced today the completion of its acquisition of Horizon Acquisition Parent LLC (“Horizon” or “Horizon Telcom”).

Key Points: 
  • EDINBURG, Va., April 01, 2024 (GLOBE NEWSWIRE) --  Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced today the completion of its acquisition of Horizon Acquisition Parent LLC (“Horizon” or “Horizon Telcom”).
  • Horizon is a leading commercial fiber provider in Ohio and adjacent states serving national wireless providers, carriers, enterprises, and government, education and healthcare customers.
  • Shentel plans to re-brand the Horizon commercial and residential fiber businesses to Glo Fiber.
  • The Company issued approximately 4.1 million shares of Shentel common stock to an investment fund managed by affiliates of GCM Grosvenor, a selling unit holder of Horizon.

Shenandoah Telecommunications to Present at the New Street Research and BCG Fiber to the Future 2024 Conference

Retrieved on: 
Monday, March 18, 2024

EDINBURG, Va., March 18, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) announced that Ed McKay, Chief Operating Officer, will participate in a panel discussion at the New Street Research and BCG Fiber to the Future 2024 Conference on March 22, 2024 at 12:50 p.m.

Key Points: 
  • EDINBURG, Va., March 18, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) announced that Ed McKay, Chief Operating Officer, will participate in a panel discussion at the New Street Research and BCG Fiber to the Future 2024 Conference on March 22, 2024 at 12:50 p.m.
  • ET.
  • Investors may access a live webcast of the panel discussion on Shentel’s website at www.investor.shentel.com .
  • The webcast will be available for replay for a limited time on Shentel’s website following the presentation.

Glo Fiber Launches Lightning Fast Fiber Optic Internet in Salisbury, Maryland

Retrieved on: 
Tuesday, March 19, 2024

EDINBURG, Va., March 19, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that future-proof, 100% fiber optic broadband service is now available to initial neighborhoods in Salisbury, Maryland.

Key Points: 
  • EDINBURG, Va., March 19, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that future-proof, 100% fiber optic broadband service is now available to initial neighborhoods in Salisbury, Maryland.
  • Glo Fiber provides a direct fiber-to-the-home (FTTH) internet connection with super-fast, symmetrical upload and download speeds up to 5 gigabits per second (Gbps).
  • The fiber-to-the-home network, coupled with Shentel's 9,900-mile regional fiber network, enables Glo Fiber to deliver high speeds, low latency, and unparalleled reliability.
  • As a leading broadband internet provider in the Mid-Atlantic region, Glo Fiber takes great pride in several key differentiators compared to their competitors:

Glo Fiber Announces Expansion of its Fiber Network to Frederick County, Maryland

Retrieved on: 
Tuesday, March 12, 2024

EDINBURG, Va., March 12, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced they have reached an agreement to deploy next generation fiber-to-the-home (FTTH) broadband services to Frederick County, Maryland. Engineering work is currently underway with construction slated to begin in the summer of 2024. Throughout the 18 to 24-month construction process, Glo Fiber will bring a future-proof, 100% fiber network to more than 40,000 homes and businesses in the county.

Key Points: 
  • Throughout the 18 to 24-month construction process, Glo Fiber will bring a future-proof, 100% fiber network to more than 40,000 homes and businesses in the county.
  • Glo Fiber provides super-fast, symmetrical upload and download speeds of up to 5 gigabits per second (Gbps).
  • The direct fiber-to-the-home internet connection, coupled with Shentel's 9,900-mile regional fiber network, enables Glo Fiber to deliver high speeds, low latency, and unparalleled reliability.
  • As a leading broadband internet provider in the Mid-Atlantic region, Glo Fiber takes great pride in several key differentiators compared to their competitors:

Shenandoah Telecommunications Company Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024

EDINBURG, Va., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced fourth quarter and full year 2023 financial and operating results.

Key Points: 
  • EDINBURG, Va., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced fourth quarter and full year 2023 financial and operating results.
  • Consolidated net income in the fourth quarter of 2023 was $2.6 million, compared with net loss of $1.8 million in the fourth quarter of 2022.
  • Broadband operating expenses in the fourth quarter of 2023 were $57.1 million compared with $61.9 million in the fourth quarter of 2022.
  • Tower revenue for the fourth quarter of 2023 was consistent with revenue for fourth quarter of 2022.

Glo Fiber Business and CoreSite to Expand Network Connectivity to Washington, D.C.

Retrieved on: 
Wednesday, February 21, 2024

"Glo Fiber Business continues to expand its fiber network reach, data center choices and state-of-the-art services to support our rapid customer growth," said Craig Venable, Vice President of Commercial Sales.

Key Points: 
  • "Glo Fiber Business continues to expand its fiber network reach, data center choices and state-of-the-art services to support our rapid customer growth," said Craig Venable, Vice President of Commercial Sales.
  • "Working with Glo Fiber Business will provide additional fiber connectivity to our customers while Glo Fiber Business customers will be able to take advantage of the robust ecosystem, enhanced connectivity and cloud access offered by CoreSite."
  • Glo Fiber Business is known for its outstanding local customer service, best-in-class reliability and a wide range of industry-leading services and connectivity options throughout Virginia, Pennsylvania, Maryland, West Virginia and Kentucky.
  • For more information about Glo Fiber Business, please visit www.GloFiberBusiness.com or call 1-833-WANTGLO (1-833-926-8456).

Glo Fiber Announces Expansion to Kingsmill in Williamsburg, VA

Retrieved on: 
Tuesday, February 13, 2024

EDINBURG, Va., Feb. 13, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that they have reached an agreement with the Kingsmill Community Services Association (KCSA) to deploy next generation fiber-to-the-home (FTTH) broadband services to Kingsmill residents. Kingsmill is a premier community in Williamsburg, Virginia, situated on 3,000 acres with more than 2,400 homes.

Key Points: 
  • EDINBURG, Va., Feb. 13, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that they have reached an agreement with the Kingsmill Community Services Association (KCSA) to deploy next generation fiber-to-the-home (FTTH) broadband services to Kingsmill residents.
  • Glo Fiber provides a direct fiber-to-the-home internet connection with super-fast, symmetrical upload and download speeds up to 5 gigabits per second (Gbps).
  • The fiber-to-the-home network, coupled with Shentel's 9,300-mile regional fiber network, enables Glo Fiber to deliver high speeds, low latency, and unparalleled reliability.
  • Additionally, we pride ourselves on providing local customer service to help our customers get the most out of their Glo Fiber services."

Shentel's Employee Volunteer Initiative Gives Back to Local Charities

Retrieved on: 
Tuesday, February 6, 2024

As part of the 2023 Employee Volunteer Initiative, Shentel employees enthusiastically supported two organizations: Habitat for Humanity and the Blue Ridge Area Food Bank.

Key Points: 
  • As part of the 2023 Employee Volunteer Initiative, Shentel employees enthusiastically supported two organizations: Habitat for Humanity and the Blue Ridge Area Food Bank.
  • Shentel employees also donated $19,000 to local charities throughout its footprint in Virginia, West Virginia, Maryland and Pennsylvania through a company holiday initiative called "The Big Give".
  • These efforts helped address critical community needs and fostered positive change for the local communities.
  • I am incredibly proud of our new volunteer program that enables our employees to serve in their local communities.

Shenandoah Telecommunications Company to Hold its Fourth Quarter and Full Year 2023 Earnings Call at 8:30 a.m. on Wednesday, February 21, 2024

Retrieved on: 
Friday, February 2, 2024

EDINBURG, Va., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its fourth quarter and full year 2023 financial results before the market opens on Wednesday, February 21, 2024, and will host a conference call and simultaneous webcast on the same day at 8:30 a.m. Eastern Time to discuss Shentel’s financial results and business highlights.

Key Points: 
  • EDINBURG, Va., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its fourth quarter and full year 2023 financial results before the market opens on Wednesday, February 21, 2024, and will host a conference call and simultaneous webcast on the same day at 8:30 a.m. Eastern Time to discuss Shentel’s financial results and business highlights.
  • A replay of the call will be available for a limited time on the Investor Relations page of the Company’s website.

Glo Fiber Launches Lightning Fast Fiber Optic Internet in Rockingham County, VA

Retrieved on: 
Tuesday, January 16, 2024

EDINBURG, Va., Jan. 16, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that future-proof, 100% fiber optic broadband service is now available to several initial neighborhoods in Bridgewater, Broadway, Timberville, Grottoes and Elkton in Rockingham County.

Key Points: 
  • EDINBURG, Va., Jan. 16, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that future-proof, 100% fiber optic broadband service is now available to several initial neighborhoods in Bridgewater, Broadway, Timberville, Grottoes and Elkton in Rockingham County.
  • Once complete, over 8,000 homes and businesses in the County will have access to Glo Fiber's high-speed internet service.
  • The fiber-to-the-home network, coupled with Shentel's 9,300-mile regional fiber network, enables Glo Fiber to deliver high speeds, low latency, and unparalleled reliability.
  • As a leading broadband internet provider in the Mid-Atlantic region, Glo Fiber takes great pride in several key differentiators compared to our competitors: