Shentel’s Employee Volunteer Initiative Gives Back to Local Charities

Rhea-AI Summary

Shentel (Nasdaq: SHEN) reported that 114 employees contributed over 572 volunteer hours in the past year and that the company and employees donated more than $48,000, including $20,000 in matching grants from the Shentel Foundation.

Paid volunteer time and two initiatives—the Summer Backpack Program and The Big Give—supported charities addressing food and housing insecurity across Virginia, West Virginia, Maryland, Pennsylvania, and Ohio. Company leadership emphasized continued focus on community service in 2026.

News Market Reaction – SHEN

+1.31%

+1.31% Session close to close

In the Feb 18 session, SHEN gained 1.31%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights Shentel’s emphasis on community engagement, with 114 employees providin...

Analysis

This announcement highlights Shentel’s emphasis on community engagement, with 114 employees providing more than 572 volunteer hours and donations exceeding $48,000. It follows recent news on network expansion, service upgrades, and refinancing that shaped the company’s operational and financial profile. Investors may view these CSR efforts as supportive of brand and stakeholder relationships while continuing to watch upcoming earnings, broadband buildouts, and balance sheet developments for more direct financial impacts.

Key Figures

Employee volunteers: 114 employees Volunteer hours: more than 572 hours Total donations: over $48,000 +1 more

4 metrics

Employee volunteers 114 employees Shentel employee participation in 2025 community initiatives

Volunteer hours more than 572 hours Employee volunteer time over the past year

Total donations over $48,000 Shentel and employee contributions to local charities

Foundation match $20,000 Matching contributions from the Shentel Foundation

Historical Context

5 past events · Latest: Feb 05 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Feb 05	Earnings call notice	Neutral	+0.5%	Announcement of Q4 and full-year 2025 earnings release and call timing.
Jan 13	Service upgrade launch	Positive	-0.1%	Launch of symmetrical 8 Gig fiber internet across multiple states.
Jan 06	Market expansion	Positive	+2.2%	Introduction of fiber broadband service in Zanesville, Ohio with future buildout.
Dec 11	Broadband expansion	Positive	+1.8%	Completion of VATI-backed gigabit broadband project for 7,000+ unserved homes.
Dec 08	Debt refinancing	Positive	-0.4%	Refinancing term notes and credit facilities to extend maturities and cut interest.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent operational and financing updates have produced modest single-day moves, with 3 of 5 past events broadly aligning with the apparent news tone and 2 showing mild divergence.

Recent Company History

Over the past few months, SHEN has highlighted network expansion, product upgrades, and balance sheet management. In Dec 2025, it completed a $50M broadband expansion in Shenandoah County and refinanced credit facilities, targeting lower interest expense. Early Jan 2026 brought new Glo Fiber launches and an 8 Gig service rollout. An upcoming earnings call on Feb 26, 2026 was announced, framing today’s community-focused CSR update within a broader growth and infrastructure narrative.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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EDINBURG, Va., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (Nasdaq: SHEN), a leading broadband service provider, announced today that 114 employees contributed more than 572 volunteer hours over the past year in support of charitable organizations focused on addressing food and housing insecurity in the communities the Company serves. These efforts reflect Shentel’s deep-rooted commitment to community service and its belief that meaningful impact starts with employees who are connected to the places they call home.

Shentel puts this commitment into action by offering paid volunteer time that empowers employees to support local organizations and address the unique needs of their communities during Shentel Caring Days. This employee‑driven engagement is at the heart of the company’s culture, reflecting a shared dedication to strengthening the towns and neighborhoods across its Shentel and Glo Fiber service areas.

Beyond volunteer service, Shentel and its employees donated over $48,000, including $20,000 in matching contributions from the Shentel Foundation. These funds supported local charities across Virginia, West Virginia, Maryland, Pennsylvania, and Ohio through two key Company initiatives: The Summer Backpack Program and The Big Give. The Summer Backpack Program addresses food insecurity for children and families, and The Big Give unites employees during the holiday season to assist neighbors in need of shelter, emergency resources, or seasonal support.

“At Shentel, community isn’t just a program—it’s part of who we are. I’m incredibly proud of how our employees step up for the communities we serve, generously giving their time and resources. We reinforce that commitment by providing paid volunteer time, enabling them to make a meaningful local impact,” said Ed McKay, Shentel’s President and Chief Executive Officer.

As Shentel reflects on the achievements of 2025, the Company looks ahead to 2026 with a continued focus on service, collaboration, and supporting the well‑being of the communities it proudly serves.

About Shenandoah Telecommunications
Shenandoah Telecommunications Company (Shentel) provides broadband services through its high-speed, state-of-the-art fiber optic and cable networks to residential and commercial customers in eight contiguous states in the eastern United States. Shentel’s services include: broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services. The Company owns an extensive regional network with over 18,000 route miles of fiber. For more information, please visit www.shentel.com.

Media Contact:
Jennifer McDowell
Jennifer.McDowell@emp.shentel.com
540-984-5055

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/12a8e305-5ca6-4065-a234-0c681bbaf8ad

FAQ

How many employees participated in Shentel's volunteer program in 2025 (SHEN)?

Direct answer: 114 employees participated in Shentel's volunteer program in 2025. According to the company, those employees logged more than 572 volunteer hours supporting local charities focused on food and housing insecurity across its service areas.

What total donations did Shentel and employees make in 2025 (SHEN)?

Direct answer: Shentel and employees donated over $48,000 in 2025. According to the company, that total includes $20,000 in matching contributions from the Shentel Foundation supporting local charities and community programs.

Which programs did Shentel support with its 2025 donations (SHEN)?

Direct answer: Shentel funded the Summer Backpack Program and The Big Give in 2025. According to the company, these initiatives target childhood food insecurity and holiday-season assistance including shelter and emergency resources across several states.

Does Shentel provide paid volunteer time for employees (SHEN)?

Direct answer: Yes, Shentel offers paid volunteer time to employees to support local organizations. According to the company, paid time enables staff to participate in Shentel Caring Days and address community needs where they live and work.

What geographic areas did Shentel's 2025 charitable efforts cover (SHEN)?

Direct answer: The charitable efforts covered Virginia, West Virginia, Maryland, Pennsylvania, and Ohio. According to the company, donations and volunteer programs supported nonprofits across those states within Shentel and Glo Fiber service areas.