Shenandoah Telecommunications Company (Shentel) reports developments in broadband communications, including Glo Fiber expansion markets, residential and commercial customer services, and network construction in smaller markets and rural communities.
The company provides broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services through fiber optic and cable networks in the eastern United States. Recurring updates cover quarterly results, Glo Fiber additions, government-supported broadband projects under Virginia Telecommunications Initiative programs, capital investment in fiber infrastructure, investor presentations, and community service activity across Shentel and Glo Fiber service areas.
Shentel (SHEN) has completed network upgrades in Buchanan, Virginia, bringing fiber-to-the-home internet service to the community's residential and business customers.
The fiber-optic network is now available to approximately 1,000 homes and businesses in Buchanan and Botetourt County. Existing customers may keep their current plans or upgrade to higher speeds.
Shenandoah Telecommunications (Shentel) (SHEN) and its Glo Fiber brand received the 2026 CFX Top Ops Award for Community Relations. The recognition covers employee volunteering, charitable giving and community partnerships. Employees contributed more than 330 volunteer hours through eight events in the first half of 2026, while the Summer Backpack Program raised $28,000 to support seven charitable organizations.
S&P Dow Jones Indices will rebalance the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 before the market opens on September 21, 2026, to keep each index aligned with its target market-cap range.
Dell Technologies, Palo Alto Networks, Arista Networks, and Sandisk will join the S&P 100, while NIKE, Honeywell Aerospace, Simon Property Group, and Colgate-Palmolive exit. Bloom Energy, Everpure, and Illumina will enter the S&P 500, replacing Molson Coors Beverage, The Trade Desk, and Builders FirstSource, which move to the S&P SmallCap 600. Multiple constituents, including HubSpot, AGNC Investment, Corcept Therapeutics, Brinker International, Herc Holdings, Delek US Holdings, AXT, Arcutis Biotherapeutics, AtriCure, Capri Holdings, Boston Beer, and others shift among the S&P MidCap 400 and S&P SmallCap 600.
Shenandoah Telecommunications (Nasdaq: SHEN), through its Glo Fiber brand, has completed fiber network upgrades in Circleville, Ohio, now offering enhanced internet performance to over 6,000 homes and businesses. The network transition to XGS-PON supports residential speeds up to 8 Gbps and commercial data services up to 100 Gbps, alongside voice and video offerings.
Shenandoah Telecommunications (Nasdaq: SHEN) reported the completion of its 2026 Shentel Cares Summer Backpack Program and Shentel Caring Days, focused on combating food insecurity. Employees donated over $10,000, which, combined with Shentel Foundation and CoBank matching, generated $28,000 for seven local organizations. Each group received $4,000. Employees also contributed 330 volunteer hours to hunger relief and family assistance initiatives, underscoring Shentel’s employee-led approach to community engagement.
Shenandoah Telecommunications (Nasdaq: SHEN) reported second quarter 2026 revenue of $93.5 million, up 5.5% year over year, driven by 32.8% growth in Glo Fiber Expansion Markets revenue to $26.3 million and 9.8% growth in Commercial Fiber revenue to $21.4 million.
Net loss narrowed to $7.7 million from $9.0 million, while Adjusted EBITDA rose 12.9% to $32.0 million. Fiber businesses represented 51% of total revenue with 21% year-over-year growth, and the company added its 100,000th Glo Fiber customer with a record 6,200 net additions. Incumbent Broadband revenue declined 6.0% and RLEC & Other revenue fell 14.7%.
Capital expenditures for the first half of 2026 were $146.2 million, down from $169.4 million, and total available liquidity was $158.9 million at June 30, 2026. The company reiterated its 2026 guidance, including total revenue of $370–$377 million, Adjusted EBITDA of $131–$136 million, and net capital expenditures of $220–$250 million.
Shenandoah Telecommunications (NASDAQ: SHEN) announced that CEO Ed McKay, CFO Jim Volk, and VP of Corporate Finance Lucas Binder will participate in several third quarter 2026 investor conferences, including events hosted by Moffett Nathanson, KeyBanc, TD Cowen, Seaport Research Partners, BWS Financial, Bank of America, and Citi. Presentations and panels run from August 5 through September 10, 2026, with select sessions offering live webcasts and limited-time replays via Shentel's investor relations website.
Shenandoah Telecommunications (Nasdaq: SHEN) announced that its Glo Fiber service has surpassed 100,000 fiber broadband customers, recognizing Sonnya and Steve White of Suffolk, Virginia as the 100,000th customer. The company links this milestone to strong demand, customer momentum, and continued expansion of its 100% fiber optic network to homes and businesses.
According to the company, Glo Fiber offers symmetrical speeds up to 2 Gig, enhanced reliability, straightforward pricing with no long-term contracts, and local customer support, aimed at supporting growing numbers of connected devices and work-from-home needs.
Shenandoah Telecommunications (NASDAQ: SHEN) will release its second quarter 2026 financial results before the market opens on Wednesday, July 29, 2026. The company will hold an earnings conference call and simultaneous webcast the same day at 8:30 a.m. Eastern Time to review results and business highlights, with online listening and replay available via its Investor Relations website.
Glo Fiber, powered by Shenandoah Telecommunications (Nasdaq: SHEN), has connected its 100,000th fiber broadband customer, highlighting demand for high-quality, fiber-based connectivity across its markets. Leadership links this milestone to strong customer trust and a significant growth opportunity.
Glo Fiber offers symmetrical speeds up to 8 Gbps, leveraging fiber-to-the-home technology and Shentel’s 19,400-mile regional fiber network, and also provides phone, video, and Wi‑Fi services for residential and business customers.