Shentel(SHEN)
Search documents
Shenandoah Telecommunications Company to Hold its Fourth Quarter and Full Year 2025 Earnings Call at 8:30 a.m. on Thursday, February 26, 2026
Globenewswire· 2026-02-05 21:15
EDINBURG, Va., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its fourth quarter and full year 2025 financial results before the market opens on Thursday, February 26, 2026, and will host a conference call and simultaneous webcast on the same day at 8:30 a.m. Eastern Time to discuss Shentel’s financial results and business highlights. Date: February 26, 2026Time: 8:30 AM ET Listen via Internet: https://investor.shentel.com/ For Analysts, please r ...
Glo Fiber Launches 8 Gig Fiber Internet Service
Globenewswire· 2026-01-13 14:54
Core Insights - Glo Fiber has launched an 8 Gig symmetrical fiber internet service for residential customers across multiple states, providing access to over 400,000 homes and businesses [1][4]. Group 1: Service Launch and Coverage - Glo Fiber's 8 Gig service is now available in Virginia, West Virginia, Maryland, Pennsylvania, Delaware, and Ohio, marking a significant expansion in its service area [1]. - The service is designed to meet the increasing demand for high-speed internet, accommodating multiple connected devices and supporting various digital innovations [2]. Group 2: Technological Advancements - Glo Fiber utilizes state-of-the-art technology, including XGS-PON 10 Gbps networks, to deliver reliable and symmetrical broadband service [4]. - The infrastructure is built not only for current needs but also for future digital advancements, such as AI-driven home automation and immersive extended reality environments [2]. Group 3: Competitive Differentiators - Glo Fiber emphasizes its key differentiators, including exceptional reliability, multi-gig symmetrical speeds, straightforward pricing without long-term contracts, and local customer service [9].
Glo Fiber Launches Lightning-Fast Fiber Internet in Zanesville, Ohio
Globenewswire· 2026-01-06 11:28
Group 1 - Glo Fiber has launched its 100% fiber optic broadband service in Zanesville, Ohio, with construction expected to be completed by summer 2026, providing service to approximately 12,000 homes and businesses [1] - The service offers symmetrical upload and download speeds of up to 8 Gbps, utilizing fiber-to-the-home technology and Shentel's extensive 18,000-mile regional fiber network [2][4] - Glo Fiber aims to empower residents and businesses in Zanesville by providing reliable internet access, which is essential for participation in the modern digital economy [3] Group 2 - Glo Fiber's services include high-speed internet, phone service, video service, and Wi-Fi, ensuring seamless connectivity for both residential and commercial customers [2][4] - The company has established a reputation for superior local customer service across its markets, which include Ohio, Pennsylvania, Virginia, West Virginia, Maryland, and Delaware [2] - Glo Fiber's pricing model is straightforward, with no long-term contracts required, enhancing customer accessibility [8]
Shentel Completes the Expansion of High-Speed, Reliable Broadband Service in Shenandoah County, VA
Globenewswire· 2025-12-11 13:57
Core Insights - Shenandoah Telecommunications Company (Shentel) has completed its Virginia Telecommunications Initiative (VATI) project, expanding gigabit broadband internet service to over 7,000 previously unserved homes in Shenandoah County, Virginia, with a total investment of $50 million [1][2]. Group 1: Project Details - The VATI project was partially funded by the VATI program, administered by the Virginia Department of Housing and Community Development, alongside Shentel's capital investment and contributions from Shenandoah County [1]. - The project aims to bridge the digital divide by providing high-speed internet access, which is increasingly essential for businesses and residents in rural areas [2]. Group 2: Community Impact - Local leaders expressed satisfaction with Shentel's commitment to the community, highlighting the importance of reliable broadband for learning, healthcare, and economic opportunities [2]. - The initiative reflects the Commonwealth's commitment to expanding opportunities and strengthening local infrastructure, ensuring all residents have access to necessary tools for participation in the digital economy [2]. Group 3: Company Overview - Shentel provides broadband services through high-speed fiber optic and cable networks across eight states in the eastern United States, offering a range of services including broadband internet, video, voice, and managed network services [3]. - The company operates an extensive regional network with over 18,000 route miles of fiber, emphasizing its role as a leading broadband provider in smaller markets and rural communities [3].
Shenandoah Telecommunications Completes Refinancing of Credit Facilities
Globenewswire· 2025-12-08 13:30
Core Viewpoint - Shenandoah Telecommunications Company has successfully refinanced its existing credit facilities, which is expected to lower its cost of debt by approximately 170 basis points, translating to an annual savings of about $10.0 million [1][5]. Refinancing Highlights - Shentel Issuer LLC closed its inaugural offering of $567,405,000 in secured fiber network revenue term notes, which includes $489,142,000 in 5.64% Series 2025-1 Class A-2 term notes and $78,263,000 in 6.03% Series 2025-1 Class B term notes, both maturing in December 2030 [2]. - A revolving $175.0 million variable funding note facility was established, due December 2029, with interest based on the Secured Overnight Financing Rate (SOFR) plus a margin of 1.75% [3]. - A new $175.0 million Revolving Credit Facility was also secured, due December 2030, with interest ranging from SOFR plus 2.50% to 3.00% [4]. Financial Impact - The refinancing is expected to strengthen the company's balance sheet by extending maturities and reducing the cost of capital, thereby providing financial flexibility for ongoing expansion efforts [5]. - The company incurred approximately $15.0 million in upfront transaction fees to complete the refinancing [3]. Company Overview - Shenandoah Telecommunications Company provides broadband services through advanced fiber optic and cable networks across eight states in the eastern United States, offering services such as broadband internet, video, voice, and managed network services [6]. - The company operates an extensive regional network with over 18,000 route miles of fiber [6].
Shentel Launches Fiber-to-the-Home Internet in Radford, VA
Globenewswire· 2025-12-04 10:46
Core Insights - Shenandoah Telecommunications Company (Shentel) has launched a 100% fiber-to-the-home internet service in Radford, Virginia, offering symmetrical multi-gig internet speeds for residential and business customers starting December 2025, with construction completion expected by March 2026 [1][2]. Company Overview - Shentel provides broadband services through advanced fiber optic and cable networks across eight contiguous states in the eastern United States, offering services such as broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services [5]. Service Features - The new Shentel Fiber service will deliver high speeds, low latency, and exceptional reliability, supported by a regional fiber network that spans over 18,000 miles [2][5]. - Customers can upgrade to the fiber-to-the-home network at no additional cost as construction is completed in their neighborhoods [3]. Community Impact - The investment in fiber technology is expected to enhance internet service quality for residents and businesses in Radford, positioning the community for long-term growth [3]. - The Mayor of Radford expressed gratitude for Shentel's commitment to providing advanced technology to the community [2]. Customer Support - Shentel emphasizes prompt and friendly local customer service, avoiding third-party call centers, ensuring real-time assistance for customers [8].
Shenandoah Telecommunications Will Participate in 2025 Raymond James TMT and Consumer Conference and 2025 UBS Global Media and Communications Conference
Globenewswire· 2025-12-01 21:20
Core Insights - Shenandoah Telecommunications Company (Shentel) is actively participating in industry conferences focused on fiber technology and telecommunications opportunities [1][2]. Company Overview - Shenandoah Telecommunications Company provides broadband services through advanced fiber optic and cable networks across eight contiguous states in the eastern United States [3]. - The company's service offerings include broadband internet, video, voice, high-speed Ethernet, dedicated internet access, dark fiber leasing, and managed network services [3]. - Shentel operates an extensive regional network with over 18,000 route miles of fiber [3]. Conference Participation - Ed McKay, the CEO of Shentel, will participate in the "We're Putting the Band(width) back together: The FTTH Wave Continues" panel on December 8, 2025, at the Raymond James TMT and Consumer Conference in New York [2]. - On December 9, 2025, Ed McKay will also participate in the "FTTH Panel: Framing the Future Opportunity" at the UBS Global Media and Communications Conference in New York [2].
Shenandoah Telecommunications Will Participate in 2025 Raymond James TMT and Consumer Conference and 2025 UBS Global Media and Communications Conference
Globenewswire· 2025-12-01 21:20
Core Insights - Shenandoah Telecommunications Company (Shentel) is actively participating in industry conferences focused on fiber technology and telecommunications opportunities in December 2025 [1][2]. Company Overview - Shenandoah Telecommunications Company provides broadband services through advanced fiber optic and cable networks to both residential and commercial customers across eight contiguous states in the eastern United States [3]. - The company's service offerings include broadband internet, video, voice, high-speed Ethernet, dedicated internet access, dark fiber leasing, and managed network services [3]. - Shentel operates an extensive regional network with over 18,000 route miles of fiber [3]. Conference Participation - Ed McKay, the CEO of Shentel, will participate in the "We're Putting the Band(width) back together: The FTTH Wave Continues" panel at the Raymond James TMT and Consumer Conference on December 8, 2025 [2]. - Additionally, Ed McKay will be part of the "FTTH Panel: Framing the Future Opportunity" at the UBS Global Media and Communications Conference on December 9, 2025 [2].
Shenandoah Telecommunications Company Announces Pricing of $567.4 million Inaugural Fiber Network Asset Securitization Offering
Globenewswire· 2025-11-20 13:15
Core Viewpoint - Shenandoah Telecommunications Company (Shentel) has announced the pricing of its inaugural offering of secured fiber network revenue term notes totaling $567.405 million, which will be used to repay existing term loans and for general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of $489.142 million in 5.64% Series 2025-1, Class A-2 term notes and $78.263 million in 6.03% Series 2025-1, Class B term notes, with a weighted average coupon rate of approximately 5.69% [1]. - The anticipated repayment date for the notes is December 2030, and the offering is expected to close on December 5, 2025 [1]. Group 2: Security and Compliance - The notes will be secured by certain fiber network assets and related customer contracts primarily located in Virginia, Ohio, Pennsylvania, Indiana, and Maryland [1]. - The notes will not be registered under the Securities Act of 1933 and will be offered only to qualified institutional buyers under Rule 144A and outside the U.S. in compliance with Regulation S [3]. Group 3: Company Overview - Shenandoah Telecommunications Company provides broadband services through high-speed fiber optic and cable networks to residential and commercial customers across eight contiguous states in the eastern United States [5]. - The company's services include broadband internet, video, voice, high-speed Ethernet, dedicated internet access, dark fiber leasing, and managed network services, supported by an extensive regional network of over 18,000 route miles of fiber [5].
Shenandoah Telecommunications Company Announces Launch of Inaugural Fiber Network Asset Securitization Offering
Globenewswire· 2025-11-17 14:34
Core Viewpoint - Shenandoah Telecommunications Company (Shentel) has announced the offering of $567,405,000 in secured fiber network revenue term notes, which will be used to repay existing term loans and for general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of $567,405,000 aggregate principal amount of secured fiber network revenue term notes, with an anticipated repayment date in December 2030 [1]. - The notes will be secured by certain fiber network assets and related customer contracts primarily located in Virginia, Ohio, Pennsylvania, Indiana, and Maryland [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to repay and terminate existing term loans and for general corporate purposes [2]. Group 3: Regulatory Information - The notes will not be registered under the Securities Act of 1933 and may only be offered to qualified institutional buyers under Rule 144A and outside the United States in compliance with Regulation S [3]. Group 4: Company Overview - Shenandoah Telecommunications Company provides broadband services through high-speed fiber optic and cable networks to residential and commercial customers across eight states in the eastern United States [5]. - The company offers a range of services including broadband internet, video, voice, high-speed Ethernet, dedicated internet access, dark fiber leasing, and managed network services, supported by over 18,000 route miles of fiber [5].