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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.
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.
Shentel (Nasdaq: SHEN) completed its Virginia Telecommunications Initiative project to extend gigabit broadband to over 4,100 previously unserved homes in Campbell County, Virginia. The $20 million construction effort was funded by the state’s VATI program, Shentel’s capital investment, and a Campbell County contribution.
The project was delivered on schedule and within budget, strengthening Shentel’s presence in rural markets and expanding access to high-speed internet, video, and voice services.
Shentel (Nasdaq: SHEN) completed a Virginia Telecommunications Initiative (VATI) project expanding gigabit broadband to more than 6,700 previously unserved homes in Franklin County, Virginia. The $32 million construction was funded by VATI, Shentel capital investment, and a Franklin County contribution.
The expansion aims to improve local connectivity for residents, businesses, and community institutions and follows collaboration between Shentel, Franklin County, and the Virginia Department of Housing and Community Development.
Shenandoah Telecommunications Company (Nasdaq: SHEN) reported Q1 2026 results: total revenue $92.2M (+4.8% YoY), Glo Fiber expansion markets revenue $24.8M (+34.6% YoY), Adjusted EBITDA $31.7M (+15.0% YoY) and a net loss from operations $15.8M (vs $9.1M).
Capital expenditures were $75.8M; available liquidity totaled $194.5M. The company reiterated 2026 guidance: revenue $370–$377M, Adjusted EBITDA $131–$136M, and capex (net grants) $220–$250M.
Shenandoah Telecommunications Company (NASDAQ:SHEN) will release first quarter 2026 financial results before market open on Friday, May 1, 2026.
The company will host a conference call and simultaneous webcast on May 1, 2026 at 8:30 a.m. Eastern Time to discuss results and business highlights. Investors can listen via the company's investor site and a replay will be available for a limited time.
Glo Fiber (Nasdaq: SHEN) launched 100% fiber-optic broadband in initial neighborhoods of Springettsbury Township, PA on March 17, 2026. Construction is expected to finish by summer 2026, bringing service to more than 7,000 homes and businesses.
Glo Fiber offers symmetrical speeds up to 8 Gbps, leverages a 19,000-mile regional fiber network, and already serves over 100,000 homes and businesses in Central Pennsylvania. Residents can check availability or sign up at glofiber.com.