Broadband Performance - Broadband data net additions reached 6,069 in Q3 2020 [7] - Glo Fiber one-year penetration in Harrisonburg, VA, reached 16.4%, exceeding initial plans [12] - Shentel increased the target market opportunity for Glo Fiber by 33% to 116,684 target passings with new franchise agreements [12] - Beam launched fixed wireless broadband service in Virginia and purchased CBRS spectrum across 88 counties in 4 states for $16 million [12] - Incumbent cable broadband penetration decreased from 46.2% to 40.0% year-over-year [38] - Glo Fiber broadband penetration increased from 10.1% to 12.5% from Q2 2020 to Q3 2020 [43] Financial Results - Q3 2020 revenue increased to $55.2 million from $51.8 million in Q3 2019, a 6.6% increase [21] - Q3 2020 Adjusted OIBDA increased to $14.6 million from $12.1 million in Q3 2019, a 20.7% increase [21] - Broadband revenue increased from $48.7 million to $50.7 million year-over-year [24] - Tower revenue increased from $3.1 million to $4.5 million year-over-year [27] - YTD 2020 Earnings per Share from continuing operations was $1.53, an 86.7% increase compared to $0.82 in 2019 [10] Sprint/T-Mobile Merger - T-Mobile exercised their option to purchase Shentel's PCS business assets and operations for 90% of Entire Business Value (EBV) [15]

Start Time: 08:00 January 1, 0000 8:39 AM ET Shenandoah Telecommunications Company (NASDAQ:SHEN) Q2 2020 Earnings Conference Call July 30, 2020, 08:00 AM ET Company Participants Chris French - President and CEO Dave Heimbach - EVP and COO Jim Volk - SVP and CFO John Nesbett - IMS, IR Conference Call Participants Ric Prentiss - Raymond James Hamed Khorsand - BWS Financial Operator Good morning, everyone. Welcome to Shenandoah Telecommunications Second Quarter 2020 Earnings Conference Call. TodayÂ's conferenc ...

Q2 2020 Earnings Conference Call July 30, 2020 Safe Harbor Statement This presentation includes "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, regarding our business strategy, our prospects and our financial position. These statements can be identified by the use of forward-looking terminology such as "believes," "estimates," "expects," "intends," "may," "will," "should," "could" or "anticipates" or the ...