Shenandoah Telecommunications Stock Price, News & Analysis

Shenandoah Telecommunications Company (SHEN) has declared a cash dividend of $0.07 per share, payable on December 1, 2021, to shareholders of record by November 8, 2021. This marks the company’s sixty-second consecutive year of annual dividends. Following the sale of its wireless business and a special dividend of $18.75 per share distributed in August, Shentel is realigning its annual dividend with expected earnings from continuing operations. The CEO stated the company is poised to continue investing in broadband growth while returning capital to shareholders.

Glo Fiber, powered by Shenandoah Telecommunications Company (Nasdaq: SHEN), will expand its all-fiber network into Charles Town and Ranson, WV, with services starting in January 2022. This initiative will provide over 4,000 homes and businesses with high-speed internet, streaming TV, and digital phone services. Leveraging a 7,000-mile fiber network, Glo Fiber aims to deliver reliable and affordable connectivity. Local city managers expressed excitement for increased options for residents, emphasizing the importance of high-speed internet in growing areas like Jefferson County.

Shenandoah Telecommunications Company (SHEN) will release its third quarter 2021 financial results after market close on October 28, 2021. A conference call is scheduled for October 29, 2021 at 8:00 AM ET. Investors can listen via the company's website or by phone at (888) 695-7639, using the passcode 1977780. A replay will be available two hours after the call concludes. Shentel provides broadband services in the Mid-Atlantic region and operates an extensive network of over 7,000 route miles of fiber.

Glo Fiber, a division of Shenandoah Telecommunications Company (SHEN), has announced a partnership with Williamsburg, VA to provide fiber-to-the-home (FTTH) broadband services, set to commence construction in 2022. This initiative will deliver high-speed internet to approximately 4,000 homes and businesses, expanding Glo Fiber's reach in eastern Virginia. Glo Fiber's services include multi-gigabit internet access and phone service, leveraging a 7,000-mile fiber network for reliable connectivity. The project aligns with Williamsburg's vision of enhanced community connectivity.

Shenandoah Telecommunications Company (SHEN) announced the expansion of Glo Fiber's all-fiber, multi-gigabit broadband network in Martinsburg, WV, starting November 2021. This service will reach approximately 7,000 homes and businesses, offering high-speed internet, streaming TV, and digital phone services. Glo Fiber utilizes Shentel's 7,000-mile fiber network to ensure reliable connectivity and superior customer service. The local community, represented by Mayor Kevin Knowles, welcomes this investment as essential for growth.

Glo Fiber, part of Shenandoah Telecommunications Company (SHEN), has initiated construction for its all-fiber network in Hanover, PA.

Service is anticipated to launch by late October 2021, offering multi-gigabit broadband to over 6,000 homes and businesses.

The network promises high-speed internet, streaming TV, and digital phone services. Glo Fiber's pricing is all-inclusive, ensuring no hidden fees. This expansion aims to meet the growing demand for reliable internet in the community, aligning with Shentel's vision of providing superior local service.

Shenandoah Telecommunications Company (Nasdaq: SHEN) announced a significant expansion of its Beam fixed wireless broadband service to Buckingham and Greene Counties, benefitting over 1,000 households. This move is part of a broader rollout, providing service to over 22,000 households this year. Beam delivers high-speed internet with download speeds up to 100 Mbps at starting prices of $60 per month. The service utilizes licensed mid-band spectrum and 5G-ready technology to connect rural areas, addressing the increasing demand for reliable internet.

Glo Fiber, powered by Shenandoah Telecommunications Company (Nasdaq: SHEN), announced an agreement to expand its fiber-to-the-home (FTTH) network in Suffolk, VA. Starting in 2022, this initiative aims to deliver high-speed, multi-gigabit internet access to over 30,000 homes and businesses, enhancing local broadband infrastructure. The project underscores Glo Fiber's commitment to reliable, affordable internet services using Shentel's extensive 7,000-mile fiber network. Local officials express support, recognizing the competitive benefits for residents and businesses alike.

Glo Fiber, part of Shenandoah Telecommunications Company (SHEN), plans to build a fiber network in Carlisle, PA, launching services in Q4 2021. The initiative aims to provide high-speed internet, streaming TV, and digital phone services to over 7,000 homes and businesses, leveraging Shentel's extensive 7,000-mile fiber network. Glo Fiber offers multi-gigabit symmetrical internet with no hidden fees, emphasizing local customer service. This expansion reflects Shentel's commitment to enhancing internet access in smaller communities in the Mid-Atlantic region.