Shenandoah Telecommunications Stock Price, News & Analysis

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.

Shenandoah Telecommunications Company (NASDAQ: SHEN) announced the participation of its CFO, Jim Volk, and COO, Ed McKay, at the Raymond James 43rd Annual Institutional Investors Conference on March 7, 2022, at 4:35 p.m. ET. Investors can join the live webcast via Shentel's website, with a replay available afterwards. Shentel delivers broadband internet, video, voice, and other telecommunications services across the Mid-Atlantic U.S.

Shenandoah Telecommunications Company (SHEN) reported robust financial results for Q4 and full year 2021, with revenue rising 11.1% to $245.2 million and earnings per share increasing by 433.3%. Adjusted EBITDA grew 17.8% to $65.7 million, driven by a significant 15.9% increase in Broadband data RGUs. Glo Fiber saw record growth, adding 7,200 net subscribers, while the company expanded its broadband network significantly. Despite increased operating expenses, Shentel anticipates sustainable growth from its Fiber First strategy, targeting a doubling of Glo Fiber passings in 2022.

Shenandoah Telecommunications Company (SHEN) appointed Victor C. Barnes to its board of directors and Audit Committee on February 22, 2022. Barnes, who brings extensive financial expertise from Anaplan and Coca-Cola, is a Certified Public Accountant with a strong background in accounting and finance. His leadership experience and technology sector knowledge are expected to enhance the company's governance. Barnes holds degrees from Northern Illinois University and Northwestern University's Kellogg School of Management. His addition is seen as a significant step for strengthening Shentel’s financial oversight.

Shenandoah Telecommunications Company (SHEN) will announce its fourth quarter 2021 financial results on February 28, 2022, after market close. A conference call, along with a webcast, is scheduled for March 1, 2022, at 8:00 AM ET where management will discuss the results. The company provides broadband services across the Mid-Atlantic region, supported by over 7,000 route miles of fiber and more than 220 macro cellular towers. Interested parties can access the call via phone or the company’s website.

Glo Fiber, part of Shenandoah Telecommunications Company (SHEN), is set to launch its fiber optic services in Blacksburg, VA, in the first half of 2022. This expansion will provide high-speed internet to over 7,000 homes and businesses. Glo Fiber offers multiple tiers of symmetrical internet access and streaming services, utilizing advanced WiFi 6 technology for enhanced performance. The initiative aims to bolster Glo Fiber's commitment to delivering reliable and affordable internet throughout the Mid-Atlantic region, aligning with the company’s growth strategy.

Glo Fiber, a division of Shenandoah Telecommunications Company (SHEN), announced a partnership with James City County, VA, to deploy fiber-to-the-home (FTTH) broadband services. Construction is set to begin in 2022, targeting over 20,000 homes and businesses. This expansion supports Shenandoah's mission to provide reliable internet in underserved areas, enhancing their regional network capabilities. Glo Fiber offers multi-gigabit internet, streaming TV, and digital phone services with no hidden fees. The company utilizes a 7,000-mile fiber network to guarantee high speeds and excellent customer service across Virginia and neighboring states.

On November 23, 2021, Glo Fiber, a division of Shenandoah Telecommunications Company (SHEN), announced its expansion into Maryland with fiber service in Frederick. The service will be available in January, targeting approximately 20,000 homes and businesses. Glo Fiber offers high-speed, reliable internet access and will include three tiers of service with no hidden fees. Mayor Michael O'Connor emphasized the importance of this investment for the community. This expansion reflects Glo Fiber's commitment to providing dependable, affordable internet services across the Mid-Atlantic region.