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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 Company (NASDAQ: SHEN) announced a cash dividend of $0.11 per share, payable December 1, 2025 to shareholders of record at the close of business on November 7, 2025.
The increase is $0.01 per share or 10.0% versus the December 2024 dividend and marks Shentel’s sixty-sixth consecutive year of annual dividends. Management attributed the increase to the strong performance of its Glo Fiber business and expressed continued confidence in future growth.
Shenandoah Telecommunications Company (NASDAQ:SHEN) will release its third quarter 2025 financial results after market close on Wednesday, October 29, 2025.
The company will host a conference call and simultaneous webcast the same day at 4:30 p.m. Eastern Time to discuss results and business highlights. Investors can listen via the company investor site at https://investor.shentel.com/. Analysts should register to dial in using the provided registration link. A replay will be available for a limited time on the company Investor Relations page.
Glo Fiber (Nasdaq: SHEN) opened a new retail store in Winchester, Virginia on Oct. 7, 2025, expanding local access to its fiber internet services.
A grand opening is set for Oct. 9, 2025, 4:00–6:00 PM at 229 Market Street, Rutherford Crossing, featuring radio personality Chris Mitchell and special offers.
Glo Fiber offers internet, streaming TV, and voice to over 25,000 homes and businesses in Winchester and Frederick County with symmetrical speeds up to 5 Gbps, supported by a 17,700-mile regional fiber network. Store hours are 9 AM–6 PM Mon–Fri and the first Saturday monthly. More info at glofiber.com and glofiberbusiness.com.
Shenandoah Telecommunications (NASDAQ: SHEN) has expanded its high-speed broadband service in Campbell County, Virginia, connecting approximately 3,300 additional homes with plans to add 200 more by month-end. The $20 million construction project is partially funded through Virginia's VATI initiative, with additional funding from Shentel's capital investment and Campbell County.
The expansion aims to provide gigabit internet service to rural areas, offering fast and reliable connectivity with no long-term contracts. The project represents a significant milestone in bridging the digital divide in rural Virginia, focusing on improving access to education, healthcare, and economic development opportunities.
Shenandoah Telecommunications (NASDAQ:SHEN) announced the expansion of its fiber-to-the-home internet service in Radford, Virginia. The upgrade will provide symmetrical multi-gig internet speeds up to 5 Gbps through Shentel's extensive 17,700-mile regional fiber network.
The construction is scheduled for completion by the end of 2025, offering both residential and business customers access to high-speed internet, phone, video services, and Whole-Home Wi-Fi solutions. Current Shentel customers can upgrade to the fiber network at no additional cost as construction progresses in their neighborhoods.
Shenandoah Telecommunications (NASDAQ:SHEN) announced its participation in the upcoming Bank of America 2025 Media, Communications, & Entertainment Conference. The company will be represented by Ed McKay, Chief Operating Officer and Jim Volk, Chief Financial Officer.
The presentation is scheduled for September 3, 2025, at 9:40 AM ET at the Bank of America Pavillion in New York. Investors can access a live webcast of the presentation through the provided link or the company's investor relations website, where a replay will also be available for a limited time.
Shenandoah Telecommunications (NASDAQ:SHEN) has appointed Angela M. Olsen as Vice President-Legal and General Counsel. Olsen brings over 25 years of legal experience across corporate, private practice, and government settings. She previously served as General Counsel at AquaBounty Technologies and Senior Advisor at DuPont, and held positions at the US Department of Justice, Jones Day, and Latham & Watkins.
Reporting directly to the CEO, Olsen will oversee all legal matters for Shentel as a member of the senior executive team. She holds a Juris Doctorate from American University, a Bachelor of Arts from Hamilton College, and a Master of Science from Catholic University of America.
Shenandoah Telecommunications (NASDAQ: SHEN) has been awarded the 2025 CableFax Top Ops Award for Work Culture, recognizing their outstanding workplace environment and employee initiatives. The company's success is built on core values including teamwork, integrity, and communication.
Through the Shentel Cares program, employees actively participate in community service initiatives like the Summer Backpack Program and Big Give holiday campaign, supporting various nonprofits across eight states. The company also invests in employee development through professional support initiatives and educational assistance programs.
This recognition follows Shentel's 2024 CableFax Top Ops Award for their Glo Fiber brand as Fiber Provider of the Year.
Shenandoah Telecommunications (NASDAQ:SHEN) announced a significant leadership transition, with Edward H. "Ed" McKay appointed as President and CEO, effective September 1, 2025. Current President and CEO Christopher E. French will transition to the role of Executive Chairman of the Board.
McKay, currently serving as Executive Vice President and COO, brings 29 years of telecommunications industry experience, including management positions at UUNET and Verizon before joining Shentel in 2004. In his COO role since July 2021, he has overseen key operations including sales, marketing, engineering, operations, IT, and customer service.
Shenandoah Telecommunications (NASDAQ:SHEN) reported mixed Q2 2025 results, with notable growth in its Glo Fiber segment. Total revenue increased 3.2% to $88.6 million, driven by a 40.5% growth in Glo Fiber Expansion Markets revenue to $19.8 million. The company reported a net loss of $9.0 million, an improvement from the $12.8 million loss in Q2 2024.
Key operational metrics showed Glo Fiber data subscribers grew 43.1% year-over-year, while total broadband homes passed increased by 92,847 to 623,000. Adjusted EBITDA grew 21.9% to $28.4 million, with margins expanding from 27% to 32%. The company completed a $5 million acquisition of fiber-to-the-home assets in Virginia and maintains strong liquidity of $266.7 million.
The company initiated 2025 guidance, projecting total revenue of $352-357 million and Adjusted EBITDA of $113-118 million.