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100% fiber-optic network will bring multi-gigabit speeds to Zanesville, Ohio

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Rhea-AI Sentiment
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Glo Fiber, operated by Shenandoah Telecommunications Company (NASDAQ: SHEN), has announced plans to expand its fiber-optic broadband services to approximately 13,800 homes and businesses in Zanesville, Ohio. The company offers symmetrical upload and download speeds of up to 5 gigabits per second (Gbps) through its fiber-to-the-home technology and 15,600-mile regional fiber network.

Glo Fiber's expansion in Ohio is part of its rapid growth, now passing over 275,000 homes and businesses with its fiber-optic networks. The company emphasizes superior local customer service, high-speed internet reliability, and additional services such as phone, video, and Whole Home Wi-Fi. Key differentiators include exceptional network reliability, symmetrical speeds, straightforward pricing without long-term contracts, and prompt local customer service.

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Positive

  • Expansion to 13,800 new homes and businesses in Zanesville, Ohio
  • Offering high-speed symmetrical internet up to 5 Gbps
  • Network now passes over 275,000 homes and businesses
  • Provides additional services like phone, video, and Whole Home Wi-Fi

Negative

  • None.

Insights

Glo Fiber's expansion into Zanesville, Ohio, marks a significant technological leap for the region. The deployment of a 100% fiber-optic network capable of delivering multi-gigabit speeds up to 5 Gbps symmetrical is a game-changer for both residential and business customers.

The key advantages of this infrastructure include:

  • Low latency, important for real-time applications and remote work
  • Symmetrical speeds, enabling efficient cloud services and content creation
  • Scalability for future bandwidth demands

This move aligns with the broader trend of fiber expansion in the US, addressing the digital divide and enhancing economic competitiveness. The 15,600-mile regional fiber network backing this deployment suggests a robust backbone for reliable service.

However, the true test will be in the execution. Fiber rollouts can face challenges such as construction delays and adoption rates. Glo Fiber's emphasis on local customer service could be a differentiator in a market where incumbent providers often struggle with customer satisfaction.

For investors, this expansion represents Shentel's commitment to growth in the competitive broadband market. The focus on Ohio and neighboring states indicates a strategic regional approach, which could lead to operational efficiencies and brand recognition benefits.

Shentel's Glo Fiber expansion into Zanesville is a calculated move in the evolving broadband landscape. With approximately 13,800 homes and businesses targeted, this represents a significant market opportunity. The broadband industry is witnessing a shift towards fiber, driven by increasing demand for high-speed, reliable internet for both work and entertainment.

Key market insights:

  • The absence of long-term contracts aligns with consumer preferences for flexibility
  • Offering up to 5 Gbps speeds positions Glo Fiber at the high end of the market, potentially commanding premium pricing
  • Bundling internet with phone, video and Whole Home Wi-Fi services could increase average revenue per user (ARPU)

The expansion to 275,000 passed homes and businesses indicates rapid growth, which could attract investor attention. However, the capital-intensive nature of fiber deployment and potential competition from established players and emerging technologies like 5G fixed wireless access should be considered.

For Shentel (NASDAQ: SHEN), this expansion could drive revenue growth and market share gains. Investors should monitor take rates, ARPU and the pace of network buildout as key performance indicators. The focus on customer service could be a differentiator in driving adoption and reducing churn in a highly competitive market.

EDINBURG, Va., July 30, 2024 /PRNewswire/ -- Glo Fiber, operated by Shenandoah Telecommunications Company ("Shentel") (NASDAQ: SHEN), announced plans to deploy next-generation, fiber-optic broadband services to approximately 13,800 homes and businesses in Zanesville, Ohio.

Focus on Ohio, VA, WV, MD and PA

"The City of Zanesville is excited for the Glo Fiber network expansion into our community. Reliable, high-speed internet is a vital tool in today's world, and this is a great opportunity to provide more fiber options to the residents, students, and businesses in our City," said Steve Beros, Assistant City Engineer of Zanesville.

Glo Fiber provides super-fast, symmetrical upload and download speeds of up to 5 gigabits per second (Gbps). Fiber-to-the-home technology and Shentel's 15,600-mile regional fiber network enable Glo Fiber to deliver high speeds, low latency, and unparalleled internet reliability. The company has earned a reputation for providing superior local customer service across its markets, including a growing list of communities in Ohio. In addition to high-speed internet, Glo Fiber offers phone service, video service, and Whole Home Wi-Fi for a seamless connection anywhere in your home or business.

"Glo Fiber has expanded rapidly over the past five years, and we now pass over 275,000 homes and businesses with our leading-edge fiber-optic networks. We focus on providing outstanding customer service and exceptional network reliability, and we are very excited to expand our 100% fiber-optic network to additional communities in Ohio," said Shentel's Chief Operating Officer, Ed McKay.

As a leading broadband internet provider, Glo Fiber takes great pride in several key differentiators compared to competitors:

  • Fiber-to-the-home technology with exceptional reliability
  • Symmetrical download and upload speeds up to 5 Gbps
  • Easy, straight-forward pricing with no long-term contracts
  • Prompt local customer service

To learn more about Glo Fiber, please visit www.glofiber.com for residential service and www.glofiberbusiness.com for commercial service.

About Glo Fiber
Glo Fiber provides next-generation fiber-to-the-home (FTTH) multi-gigabit broadband internet access, live streaming TV, and digital phone service powered by Shentel (Nasdaq: SHEN). With services now available to over 275,000 homes and businesses, Glo Fiber offers reliable, symmetrical broadband service using state-of-the-art technology, including XGS-PON 10 Gbps networks.

About Shenandoah Telecommunications
Shenandoah Telecommunications Company (Shentel) provides broadband services through its high speed, state-of-the-art fiber optic and cable networks to customers in seven contiguous states in the eastern United States. Shentel's services include: broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services. The Company owns an extensive regional network with approximately 15,600 route miles of fiber. For more information, please visit www.shentel.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/100-fiber-optic-network-will-bring-multi-gigabit-speeds-to-zanesville-ohio-302210250.html

SOURCE Shenandoah Telecommunications Company

FAQ

What speeds does Glo Fiber offer in Zanesville, Ohio?

Glo Fiber offers symmetrical upload and download speeds of up to 5 gigabits per second (Gbps) in Zanesville, Ohio.

How many homes and businesses will Glo Fiber's expansion reach in Zanesville?

Glo Fiber plans to deploy its fiber-optic broadband services to approximately 13,800 homes and businesses in Zanesville, Ohio.

What is the stock symbol for Shenandoah Telecommunications Company, which operates Glo Fiber?

The stock symbol for Shenandoah Telecommunications Company, which operates Glo Fiber, is SHEN.

What additional services does Glo Fiber offer besides high-speed internet?

In addition to high-speed internet, Glo Fiber offers phone service, video service, and Whole Home Wi-Fi for a seamless connection.
Shenandoah Telecommunications

NASDAQ:SHEN

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Telecom Services
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