Shenandoah Telecommunications Stock Price, News & Analysis

Shenandoah Telecommunications Company (Nasdaq: SHEN) is expanding its Glo Fiber network to Sussex County, Delaware, bringing internet speeds up to 2 Gbps. The project will serve over 21,000 homes and businesses, marking Glo Fiber's first foray into Delaware. Construction is scheduled to begin in early 2023. The expansion aims to enhance broadband competition and offer residents high-quality services, such as multi-gigabit internet access and streaming TV. Glo Fiber will utilize Shentel's extensive 7,600-mile fiber network to ensure reliable service.

Shenandoah Telecommunications Company (Nasdaq: SHEN) announced plans to expand its Glo Fiber service in South Central Pennsylvania, bringing internet speeds up to 2 Gbps to over 8,300 homes and businesses in Waynesboro, Shippensburg, and Greencastle. Construction is to begin this summer, with the company already having a presence in Hanover and Carlisle. The expansion aims to enhance local infrastructure and provides competitive, reliable fiber-optic internet options.

Shenandoah Telecommunications Company (SHEN) announced the expansion of Glo Fiber's high-speed internet network to six towns in Rockingham County, Virginia. Construction will start in late summer 2022, with services expected to launch by the end of 2022. This project aims to provide internet speeds up to 2 Gbps to over 8,000 homes and businesses by mid-2023. Glo Fiber’s offerings include symmetrical internet access, phone services, and advanced Wi-Fi technologies. Local leaders express excitement about the economic benefits this expansion will bring to their communities.

Shenandoah Telecommunications Company (Nasdaq: SHEN) reported a revenue increase of 7.9% to $64.4 million for Q1 2022 versus Q1 2021, driven by strong growth in the Broadband segment. Net adds for Glo Fiber reached approximately 3,600, contributing to the total homes passed growing to about 94,000. However, the company faced pressures on margins due to escalated operating expenses, resulting in a loss per share of $(0.01) compared to income of $0.06 in the prior year. The company's focus remains on cost-saving initiatives to improve margins in the latter half of 2022.

Shenandoah Telecommunications Company (Nasdaq: SHEN) has announced a significant expansion of its Glo Fiber network into Northern York County, Virginia. Starting in early 2023, the construction aims to provide a 100% fiber-optic network to nearly 5,000 homes and businesses. The service will offer internet speeds up to 2 Gbps, alongside streaming TV and phone services. Glo Fiber emphasizes affordable pricing with no hidden fees. The expansion supports the community's diverse needs, enhancing connectivity for residents and local businesses.

Shenandoah Telecommunications Company (SHEN) will release its Q1 2022 financial results on April 28, 2022, post-market. A conference call is scheduled for April 29, 2022, at 8:00 AM ET, which will be accessible via internet and telephone. The company provides broadband services across the Mid-Atlantic region, with a robust network comprising over 7,600 route miles of fiber and 220 macro cellular towers. Investors can tune in to the call for insights into the company's performance and operational updates.

Glo Fiber, powered by Shenandoah Telecommunications Company (SHEN), has announced an expansion of its fiber-optic network to Lancaster County, Pennsylvania. The project will provide internet speeds of up to 2 Gbps to over 35,000 homes and businesses across areas including Lancaster Township and East Hempfield Township. Construction is set to commence in April 2022 and will span two years. Glo Fiber's offerings include high-speed internet, streaming TV, and digital home phone services using state-of-the-art technology, ensuring reliability and affordability for residents.

Shenandoah Telecommunications Company (SHEN) announced that Ed McKay, COO, will participate in a panel discussion at the New Street Research & BCG Fiber to the Future – Global Infrastructure Conference on March 29, 2022, at 11:50 a.m. ET. Investors can access a live webcast of the panel on Shentel’s website, with a replay available for a limited time post-presentation. With over 7,400 route miles of fiber and 220 macro cellular towers, Shentel offers high-speed broadband services across the Mid-Atlantic region.

Shenandoah Telecommunications Company (SHEN) has announced a partnership with the City of Salisbury to provide next-generation fiber-to-the-premises (FTTP) broadband services, starting construction in early 2023. This expansion will offer reliable, high-speed internet to over 11,000 homes and businesses, marking Glo Fiber's second Maryland community. Glo Fiber aims to deliver all-fiber connectivity with symmetrical speeds up to 10 Gbps, enhancing options for residents in the Mid-Atlantic region.