Shenandoah Telecommunications Stock Price, News & Analysis

Shenandoah Telecommunications (NASDAQ:SHEN) announced a significant leadership transition, with Edward H. "Ed" McKay appointed as President and CEO, effective September 1, 2025. Current President and CEO Christopher E. French will transition to the role of Executive Chairman of the Board.

McKay, currently serving as Executive Vice President and COO, brings 29 years of telecommunications industry experience, including management positions at UUNET and Verizon before joining Shentel in 2004. In his COO role since July 2021, he has overseen key operations including sales, marketing, engineering, operations, IT, and customer service.

Shenandoah Telecommunications (NASDAQ:SHEN) reported mixed Q2 2025 results, with notable growth in its Glo Fiber segment. Total revenue increased 3.2% to $88.6 million, driven by a 40.5% growth in Glo Fiber Expansion Markets revenue to $19.8 million. The company reported a net loss of $9.0 million, an improvement from the $12.8 million loss in Q2 2024.

Key operational metrics showed Glo Fiber data subscribers grew 43.1% year-over-year, while total broadband homes passed increased by 92,847 to 623,000. Adjusted EBITDA grew 21.9% to $28.4 million, with margins expanding from 27% to 32%. The company completed a $5 million acquisition of fiber-to-the-home assets in Virginia and maintains strong liquidity of $266.7 million.

The company initiated 2025 guidance, projecting total revenue of $352-357 million and Adjusted EBITDA of $113-118 million.

Shenandoah Telecommunications (NASDAQ:SHEN) has scheduled its second quarter 2025 earnings conference call for July 31, 2025, at 4:30 PM Eastern Time. The company will release its financial results after market close on the same day. The earnings call will be accessible via webcast at investor.shentel.com, and analysts can register for the dial-in through a dedicated link. A replay of the call will be made available on the company's Investor Relations webpage for a limited time.

Glo Fiber, powered by Shenandoah Telecommunications Company (NASDAQ: SHEN), has announced expansion plans for its fiber-to-the-home broadband services in York County, Pennsylvania. The expansion will cover over 2,000 new homes and businesses across Hallam Borough, Hellam Township, and Wrightsville Borough, adding to their existing coverage of 27,000 premises in the county.

The company will provide symmetrical internet speeds up to 5 Gbps, leveraging Shentel's 17,200-mile regional fiber network. Construction is scheduled for completion in 2026. The service package includes high-speed internet, phone service, video service, and Whole-Home Wi-Fi, with straightforward pricing and no long-term contracts.

Glo Fiber, powered by Shenandoah Telecommunications Company (NASDAQ: SHEN), announced plans to expand its fiber-to-the-home broadband services to over 2,600 additional homes in Frederick County, Maryland, specifically in New Market and Walkersville. The expansion, set to complete in 2026, builds upon their existing service to over 15,000 homes and businesses in the Frederick market.

The company offers symmetrical internet speeds up to 5 Gbps, leveraging Shentel's 17,200-mile regional fiber network. The service includes phone, video, and Whole Home Wi-Fi options, with a focus on superior local customer service across Maryland, Virginia, West Virginia, Pennsylvania, Ohio, and Delaware.

Shenandoah Telecommunications (NASDAQ:SHEN) has launched its Glo Fiber internet service in Hillsboro, Ohio, marking another expansion of its fiber optic network. The construction project, set to complete in early 2026, will connect over 3,000 homes and businesses to high-speed internet infrastructure.

Glo Fiber's service offers symmetrical upload and download speeds of up to 5 gigabits per second, leveraging Shentel's extensive 17,200-mile regional fiber network. The service includes additional features such as phone service, video service, and Whole Home Wi-Fi, with no long-term contracts required.

Shenandoah Telecommunications Company (SHEN) announced the acquisition of WideOpen Blacksburg's assets and operations, expanding its Glo Fiber service in Blacksburg, Virginia. The deal, expected to complete by mid-July 2025, will integrate WideOpen Blacksburg's existing gigabit fiber network into Shentel's infrastructure. Glo Fiber provides 100% fiber broadband with symmetrical speeds up to 5 Gbps, leveraging Shentel's 17,200-mile regional fiber network. The service offers high-speed internet, phone service, video service, and Whole Home Wi-Fi across Virginia, West Virginia, Pennsylvania, Maryland, Ohio, and Delaware, with a focus on superior local customer service and no long-term contracts.

Glo Fiber, powered by Shenandoah Telecommunications Company (SHEN), has expanded its presence in Williamsburg, Virginia with a new retail store opening in Midtown Row. The company currently serves over 18,000 homes and businesses in the Williamsburg market with plans to expand to several thousand additional locations by year-end. The store will provide customer support and service upgrades to residents of Williamsburg, James City County, and York County. Glo Fiber offers symmetrical internet speeds up to 5 Gbps through its fiber-to-the-home technology and Shentel's 17,200-mile regional fiber network. The service features no long-term contracts and local customer service across Virginia, West Virginia, Maryland, Pennsylvania, Ohio, and Delaware. The new store will operate Monday through Friday from 9 a.m. to 6 p.m. and the first Saturday of every month.

Shenandoah Telecommunications (SHEN) reported mixed Q1 2025 results, with strong growth in its Glo Fiber segment despite overall net losses. Total revenue increased 26.9% to $87.9 million, driven by the Horizon acquisition and Glo Fiber expansion.

Key highlights include:

• Glo Fiber Expansion Markets saw 51% subscriber growth to 71,000
• Revenue from Glo Fiber Expansion grew 52% to $18.4 million
• Net loss widened to $9.1 million from $4.1 million year-over-year
• Adjusted EBITDA grew 43.3% to $27.6 million

The company added 5,400 new subscribers and 16,600 new passings in Glo Fiber markets. Total broadband homes passed increased by 128,000 to 604,000. The company maintains strong liquidity with $334.6 million available, including cash, credit facility, and government grants. Capital expenditures rose to $83.2 million, primarily for network expansion.