Shenandoah Telecommunications

Shenandoah Telecommunications Co. operates as a holding company, which engages in the provision of regulated and unregulated telecommunication services to end-user customers and other telecommunications providers. It offers voice, video and data communications services. It operates through the following segments: Broadband and Tower. The Broadband segment provides broadband, video and voice services to residential and commercial customers in portions of Virginia, West Virginia, Maryland, and Kentucky, via fiber optic and hybrid fiber coaxial (“HFC”) cable. The Tower segment leases space on 225 owned cell towers. The company was founded in 1902 and is headquartered in Edinburg, VA.

Earnings data Q2 2021

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Shentel reports record-breaking Q1 results, eyes expansion and growth

Shentel's Q1 2023 earnings call reflects a strong performance in the Broadband segment, underpinned by record-breaking results and substantial revenue growth. The company's integrated Broadband network and plans for expansion position it well for future success, while challenges in margin potential and labor availability require careful consideration. However, opportunities in Glo Fiber's success and government grant projects present avenues for further growth.

Shentel reports stellar Q2 performance, eyes M&A for Glo Fiber expansion

Shentel's Q2 2023 earnings call emphasized the exceptional growth of Glo Fiber, solid financial performance in Broadband, and strategic plans for managing leverage and pursuing expansion through potential M&A. The company is well-positioned for continued growth and investment in its core businesses.

SHEN reports strong Q3 performance, faces CapEx challenges and growth opportunities

SHEN's Q3 2023 earnings call highlighted strong financial performance, driven by Glo Fiber growth and the Horizon Telcom acquisition. The company faces challenges related to CapEx, permitting, and funding sources, but it also has opportunities for expansion through market penetration and strategic acquisitions.

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Shenandoah Telecommunications Co. is a holding company, which engages in the provision of regulated and unregulated telecommunication services to end-user customers and other telecommunications providers. It offers voice, video and data communications services. It operates through the Broadband and Tower segments. The Broadband segment provides broadband, video, and voice services to residential and commercial customers in portions of Virginia, West Virginia, Maryland, and Kentucky, via fiber optic and hybrid fiber coaxial (“HFC”) cable. The Tower segment leases space on 225 owned cell towers. The company was founded in 1902 and is headquartered in Edinburg, VA.

EDINBURG, Va., April 24, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its first quarter 2024 financial results before the market opens on Friday, May 3, 2024, and will host a conference call and simultaneous webcast on the same day at 8:30 a.m.

Shenandoah Telecommunications Company to Hold its First Quarter 2024 Earnings Call at 8:30 a.m. on Friday, May 3, 2024

100% fiber-optic network will bring multi-gigabit speeds to over 40,000 homes and businesses EDINBURG, Va. , April 18, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (NASDAQ: SHEN), announced plans to deploy next-generation, fiber-optic broadband services to over 40,000 additional homes and businesses in Ohio.

Glo Fiber Announces Broadband Expansion in Ohio

EDINBURG, Va. , April 15, 2024 /PRNewswire/ -- Shenandoah Telecommunications Company ("Shentel" or the "Company") (Nasdaq: SHEN) announced the rebranding of Horizon Telcom ("Horizon") to Glo Fiber.

Shenandoah Telecommunications Company Announces Rebranding of Horizon Telcom to Glo Fiber

EDINBURG, Va., April 01, 2024 (GLOBE NEWSWIRE) --  Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced today the completion of its acquisition of Horizon Acquisition Parent LLC (“Horizon” or “Horizon Telcom”).

Shenandoah Telecommunications Company Completes Acquisition of Horizon Telcom

EDINBURG, Va., March 29, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced that it has completed the initial closing of the previously disclosed sale of its tower portfolio and operations (“Tower Portfolio”) to Vertical Bridge Holdco, LLC (“Vertical Bridge”) for $309.9 million in cash.

Shenandoah Telecommunications Company Completes Sale of its Towers

EDINBURG, Va. , March 19, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that future-proof, 100% fiber optic broadband service is now available to initial neighborhoods in Salisbury, Maryland.

Glo Fiber Launches Lightning Fast Fiber Optic Internet in Salisbury, Maryland

EDINBURG, Va., March 18, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) announced that Ed McKay, Chief Operating Officer, will participate in a panel discussion at the New Street Research and BCG Fiber to the Future 2024 Conference on March 22, 2024 at 12:50 p.m. ET. Investors may access a live webcast of the panel discussion on Shentel's website at www.investor.shentel.com. The webcast will be available for replay for a limited time on Shentel's website following the presentation.

Shenandoah Telecommunications to Present at the New Street Research and BCG Fiber to the Future 2024 Conference

Expansion will bring internet speeds up to 5 Gbps to over 40,000 homes and businesses EDINBURG, Va. , March 12, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced they have reached an agreement to deploy next generation fiber-to-the-home (FTTH) broadband services to Frederick County, Maryland.

Glo Fiber Announces Expansion of its Fiber Network to Frederick County, Maryland

EDINBURG, Va., March 01, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced that it has entered into a Purchase and Sale Agreement with Vertical Bridge Holdco, LLC (“Vertical Bridge”) to sell its tower portfolio and operations (“Tower Portfolio”) to Vertical Bridge for $310.3 million in cash (the “Transaction”).

Shenandoah Telecommunications Company to Sell its Towers for $310 Million

American Tower

EDINBURG, Va. , Feb. 21, 2024 /PRNewswire/ -- Glo Fiber Business, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), is proud to announce an agreement with CoreSite to securely connect business customers with reliable, scalable colocation services at their Washington, D.C.

Glo Fiber Business and CoreSite to Expand Network Connectivity to Washington, D.C.

Shenandoah Telecommunications Company (SHEN) Q4 2023 Earnings Call Transcript

Shenandoah Telecommunications (SHEN) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $0.04 per share a year ago.

Shenandoah Telecommunications (SHEN) Surpasses Q4 Earnings and Revenue Estimates

EDINBURG, Va., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced fourth quarter and full year 2023 financial and operating results.

Shenandoah Telecommunications Company Reports Fourth Quarter and Full Year 2023 Results

Fiber optic network will bring internet speeds up to 5 Gbps to the premier community EDINBURG, Va. , Feb. 13, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that they have reached an agreement with the Kingsmill Community Services Association (KCSA) to deploy next generation fiber-to-the-home (FTTH) broadband services to Kingsmill residents.

Glo Fiber Announces Expansion to Kingsmill in Williamsburg, VA

EDINBURG, Va. , Feb. 6, 2024 /PRNewswire/ -- Shenandoah Telecommunications Company (Nasdaq: SHEN), a leading provider of telecommunications services, announced today that employees volunteered more than 252 volunteer hours during the past year as part of its Employee Volunteer Initiative in 2023, making a positive impact on the communities it serves.

Shentel's Employee Volunteer Initiative Gives Back to Local Charities

EDINBURG, Va., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its fourth quarter and full year 2023 financial results before the market opens on Wednesday, February 21, 2024, and will host a conference call and simultaneous webcast on the same day at 8:30 a.m.

Shenandoah Telecommunications Company to Hold its Fourth Quarter and Full Year 2023 Earnings Call at 8:30 a.m. on Wednesday, February 21, 2024

EDINBURG, Va. , Jan. 16, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that future-proof, 100% fiber optic broadband service is now available to several initial neighborhoods in Bridgewater, Broadway, Timberville, Grottoes and Elkton in Rockingham County.

Glo Fiber Launches Lightning Fast Fiber Optic Internet in Rockingham County, VA

Expansion will bring internet speeds up to 5 Gbps to over 7,500 homes and businesses EDINBURG, Va. , Jan. 10, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced they have reached an agreement with municipal officials to deploy next generation fiber-to-the-home (FTTH) broadband services to Springettsbury Township, Pennsylvania.

Glo Fiber Announces Expansion of its Fiber Network to Springettsbury Township, PA

EDINBURG, Va. , Jan. 4, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that future-proof, 100% fiber optic broadband service is now available to initial neighborhoods in Spring Garden Township, Pennsylvania.

Glo Fiber Launches Lightning Fast Fiber Optic Internet in Spring Garden, Pennsylvania

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Shenandoah Telecommunications Company (NASDAQ:SHEN ) Q3 2023 Earnings Conference Call November 3, 2023 8:30 AM ET Company Participants Kirk Andrews - Director of Financial Planning & Analysis Christopher French - President & CEO James Volk - SVP of Finance & CFO Edward McKay - EVP & COO Conference Call Participants Frank Louthan - Raymond James Hamed Khorsand - BWS Financial Operator Good morning, everyone. Welcome to Shenandoah Telecommunications' Third Quarter 2023 Earnings Conference Call.

Shenandoah Telecommunications Company (SHEN) Q3 2023 Earnings Call Transcript

EDINBURG, Va., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced third quarter 2023 financial and operating results.

Shenandoah Telecommunications Company Reports Third Quarter 2023 Results

Expansion will bring internet speeds up to 5 Gbps to over 20,000 homes and businesses EDINBURG, Va. , Nov. 1, 2023 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced they have reached an innovative partnership with municipal officials to deploy next generation fiber-to-the-home (FTTH) broadband services to the City of Lancaster, Pennsylvania.

Glo Fiber Announces Expansion of its Fiber Network to City of Lancaster, PA

Shenandoah Telecom (SHEN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Shenandoah Telecom (SHEN) Surges 10.5%: Is This an Indication of Further Gains?

EDINBURG, Va., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced today it has entered into a definitive agreement to acquire 100% of the equity interests in Horizon Acquisition Parent LLC (“Horizon” or “Horizon Telcom”) for $385 million (the “Transaction”).

News for Shenandoah Telecommunications Stock (SHEN)