Welcome to our dedicated page for Shenandoah Telecommunications news (Ticker: SHEN), a resource for investors and traders seeking the latest updates and insights on Shenandoah Telecommunications stock.
Shenandoah Telecommunications Company (SHEN) provides investors and stakeholders with centralized access to official news and developments from this established broadband provider. Track press releases covering network expansions, financial results, and strategic initiatives in rural Mid-Atlantic markets.
This resource aggregates SHEN's latest announcements including fiber network upgrades, tower leasing agreements, and service area expansions. Users gain timely insights into operational milestones, regulatory filings, and technology deployments across Virginia, West Virginia, and Maryland.
Discover updates on SHEN's dual business model combining consumer broadband services with telecom infrastructure leasing. The curated news feed supports analysis of rural connectivity initiatives and infrastructure investment patterns.
Bookmark this page for direct access to primary source materials from Shenandoah Telecommunications. Monitor evolving developments in one of the Mid-Atlantic's key regional providers of fiber-optic and wireless solutions.
Shenandoah Telecommunications Company (Shentel) NASDAQ:SHEN has announced its upcoming second quarter 2024 earnings call, scheduled for Wednesday, August 7, 2024, at 8:30 a.m. Eastern Time. The company will release its financial results before the market opens on the same day. Investors and analysts can access the conference call and simultaneous webcast to discuss Shentel's financial performance and business highlights.
The earnings call can be accessed via the company's Investor Relations page at https://investor.shentel.com/. Analysts are required to register separately to dial in. A replay of the call will be available for a time on the company's website for those unable to attend the live event.
Glo Fiber, powered by Shenandoah Telecommunications Company (Shentel) (Nasdaq: SHEN), announced the deployment of next-generation fiber-optic broadband services in Greenfield, Ohio, serving approximately 2,500 homes and businesses. The service offers symmetrical upload and download speeds up to 5 Gbps, leveraging fiber-to-the-home technology and Shentel's extensive 15,600-mile regional fiber network. Glo Fiber's expansion aims to deliver high speed, low latency, and reliable internet, alongside phone, video services, and Whole Home WiFi. The company has expanded rapidly, now passing over 275,000 homes and businesses. Glo Fiber emphasizes outstanding customer service and exceptional network reliability, distinguishing itself from competitors with no long-term contracts and straightforward pricing.
Glo Fiber, powered by Shenandoah Telecommunications Company (Nasdaq: SHEN), has announced an agreement to expand its fiber network to Spring Township in Centre County, Pennsylvania. This expansion aims to provide high-speed internet of up to 5 Gbps to around 3,000 homes and businesses. Leveraging Shentel's 15,600-mile regional fiber network, Glo Fiber offers symmetrical upload and download speeds with low latency and high reliability. This initiative marks Glo Fiber's commitment to serving rural areas with competitive telecommunication options, emphasizing its superior local customer service and straightforward pricing without long-term contracts.
Shenandoah Telecommunications Company (Shentel) reported its first quarter 2024 financial results, with revenue growing by 3.1% to $69.2 million. The Tower segment's financial results were presented as discontinued operations. Glo Fiber Markets added 5,000 subscribers and ended the quarter with 47,000 subscribers. The Tower Portfolio was sold for $309.9 million in cash. Net loss from continuing operations was $4.1 million due to higher interest expense. Glo Fiber Markets revenue grew by 73.0% to $12.1 million. Shentel completed the sale of its tower portfolio and made significant acquisitions to fuel organic growth.
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