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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 Company Announces 2025 Annual Dividend
Globenewswire· 2025-10-28 20:05
Core Points - Shenandoah Telecommunications Company (Shentel) declared a cash dividend of $0.11 per share, marking a 10.0% increase from the previous year's dividend [1][2] - The dividend will be payable on December 1, 2025, to shareholders of record as of November 7, 2025, representing Shentel's sixty-sixth consecutive year of annual dividends [1][2] - The increase in dividend reflects the strong performance of Shentel's Glo Fiber business and the company's confidence in future growth [2] Company Overview - Shentel provides broadband services through high-speed fiber optic and cable networks to residential and commercial customers across eight states in the eastern United States [2] - The company's service offerings include broadband internet, video, voice, high-speed Ethernet, dedicated internet access, dark fiber leasing, and managed network services [2] - Shentel operates an extensive regional network with over 17,700 route miles of fiber [2]
Shentel Expands High-Speed, Reliable Broadband Service in Campbell County, VA
Globenewswire· 2025-09-23 10:06
Core Points - Shenandoah Telecommunications Company (Shentel) has extended high-speed, gigabit internet service to approximately 3,300 additional homes in Campbell County, Virginia, with plans to add about 200 more by the end of the month [1] - The $20 million construction project is partly funded by the Virginia Telecommunication Initiative (VATI) and aims to enhance broadband infrastructure in rural areas [1] - Shentel emphasizes its commitment to serving rural communities and improving access to reliable internet for education, healthcare, and economic development [2] Company Overview - Shentel provides broadband services through high-speed fiber optic and cable networks to residential and commercial customers across eight states in the eastern United States [3] - The company owns an extensive regional network with over 17,700 route miles of fiber, offering services such as broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services [3] Community Impact - The collaboration with the Virginia Department of Housing and Community Development on the VATI project is recognized for its positive impact on underserved households and businesses in Campbell County [2] - The initiative aims to create competitive communities by expanding broadband access, which is essential for unlocking opportunities in various sectors [2]
Bernstein Lowers the PT on Charter Communications (CHTR), Keeps a Buy
Yahoo Finance· 2025-09-16 15:55
Core Viewpoint - Charter Communications, Inc. (NASDAQ:CHTR) is identified as a top large-cap stock to buy at a 52-week low, with a price target adjustment from $380 to $350 while maintaining an Overweight rating [1][2]. Company Analysis - The analyst anticipates increased competition in the telecommunications sector, which could impact companies like Charter Communications significantly, depending on their strategic responses [2][3]. - Charter Communications must manage pricing, customer volume, and marketing costs effectively, although this will be challenging due to rising competitive pressures [3]. Industry Context - The competitive landscape is expected to strengthen some companies through potential mergers, indicating a dynamic environment for Charter Communications [2].
These 3 Dividend Stocks Have Yields Above 5%, Plus They Raise Their Payouts Every Year
The Motley Fool· 2025-08-18 09:23
Core Insights - Three companies, Realty Income, Verizon, and Pfizer, have consistently raised their dividend payouts for over 16 years while offering attractive yields above 5% [2] Group 1: Realty Income - Realty Income has been providing monthly dividend payments for over 50 years, but its stock price has declined about 22% from its peak three years ago [4] - The company employs net leases, which ensure predictable cash flows, and has raised its dividend 131 times since going public in 1994 [5] - Realty Income's stock currently offers a yield of 5.5%, with total distributions in Q2 increasing by 3.7% year over year [6] - As of June, 98.6% of Realty Income's 15,606 properties were occupied, with an average lease term of nine years, ensuring steady cash flow growth [7] Group 2: Verizon - Verizon's stock is down about 28% from its all-time high in late 2019, yet it has raised its dividend for 18 consecutive years, currently offering a yield of 6.1% [8][9] - The company's wireless service revenue rose 2.2% year over year to $20.9 billion in Q2, contributing to a total revenue increase of 5.2% [9] - Verizon has raised its free cash flow forecast for 2025 to between $19.5 billion and $20.5 billion, indicating the ability to maintain dividends while reducing debt [10] Group 3: Pfizer - Pfizer's stock has decreased by about 59% from its 2021 peak, primarily due to concerns over expiring drug patents, but it has raised its dividend every year since 2009, currently offering a yield of 6.8% [11] - The company anticipates a revenue decline of $17 billion to $18 billion due to patent expirations starting in 2026, but it has prepared for this by acquiring Seagen for $43 billion [12] - By 2030, assets from Seagen and other acquisitions are expected to generate over $20 billion in annual sales, potentially allowing Pfizer to continue its dividend-raising streak [13]