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Shenandoah Telecom (SHEN) Stock News, Mar-Aug 2023

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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.

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Shenandoah Telecommunications Company (Shentel) will announce its first quarter 2023 financial results before the market opens on April 28, 2023. A conference call to discuss these results will take place at 8:00 AM ET on the same day, accessible via webcast.

Shentel, operating in the Mid-Atlantic United States, offers a variety of broadband services including broadband internet, video, and voice through a state-of-the-art fiber-optic network that spans over 8,300 route miles and includes over 220 cellular towers. The company aims to provide insights into its business highlights and performance metrics during the call.

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Shenandoah Telecommunications Company (NASDAQ: SHEN) has launched its 5 Gig fiber internet service under the Glo Fiber brand, expanding access to over 147,000 homes across Virginia, West Virginia, Maryland, and Pennsylvania. This premium service supports multiple connected devices seamlessly on a 100% fiber optic network. Glo Fiber’s offerings emphasize symmetrical upload and download speeds, reliability, straightforward pricing, and local customer service. This launch aims to satisfy increasing consumer demand for high-speed internet, driven by the rise in remote work and connected devices.

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Glo Fiber, powered by Shenandoah Telecommunications Company (SHEN), is set to expand fiber-to-the-home broadband services in State College Borough and Ferguson Township, Pennsylvania. Construction will start in 2024, aiming to connect over 13,000 homes and businesses. This deployment offers internet speeds up to 5 Gbps with reliable and symmetrical upload/download speeds. The expansion utilizes Shentel's extensive network to enhance service and support local growth. Glo Fiber prides itself on customer service and competitive pricing, aiming to transform the connectivity landscape in these vibrant communities.

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FAQ

What is the current stock price of Shenandoah Telecom (SHEN)?

The current stock price of Shenandoah Telecom (SHEN) is $11.99 as of September 24, 2026.

What is the market cap of Shenandoah Telecom (SHEN)?

The market cap of Shenandoah Telecom (SHEN) is approximately 663.8M.