dark fiber leasing
Search documents
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 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 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].
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]
Shenandoah Telecommunications to Present at the Bank of America Media, Communications, & Entertainment Conference
Globenewswire· 2025-08-25 20:05
Core Viewpoint - Shenandoah Telecommunications Company (Shentel) will present at the Bank of America 2025 Media, Communications, & Entertainment Conference on September 3, 2025, at 9:40 AM E.T. [1] 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 [2] - The company's service offerings include broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services [2] - Shentel operates an extensive regional network with over 17,700 route miles of fiber [2]
Shenandoah Telecommunications Appoints Angela M. Olsen as General Counsel
Globenewswire· 2025-08-25 12:00
Core Viewpoint - Shenandoah Telecommunications Company has appointed Angela M. Olsen as Vice President-Legal and General Counsel, bringing over 25 years of legal experience to the company [1][2][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 [4] - The company's service offerings include broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services [4] - The company operates an extensive regional network with over 17,700 route miles of fiber [4] Leadership and Experience - Angela M. Olsen has previously held significant legal positions, including General Counsel and Corporate Secretary at AquaBounty Technologies, and Senior Advisor and Associate General Counsel at DuPont [2] - Olsen's background includes experience as a trial attorney at the US Department of Justice and in private practice at prominent law firms [2] - The CEO of Shentel, Christopher French, expressed confidence in Olsen's capabilities, highlighting her deep understanding of corporate law and her potential contribution to the company's growth [3]
Shenandoah Telecommunications Wins Prestigious CableFax Top Ops Work Culture Award
Globenewswire· 2025-08-12 14:40
Core Points - Shenandoah Telecommunications Company (Shentel) has received the 2025 CableFax Top Ops Award for Work Culture, recognizing its commitment to improving employee lives and fostering a connected work environment [1][6] - The company emphasizes core values such as teamwork, integrity, communication, agility, cooperation, mutual trust, and respect, which are integral to its success [2] - Shentel's community engagement initiatives, including the Shentel Cares program, encourage employees to support local charities and make a meaningful impact [2][4] - The company has been recognized for its investment in employee development through various support initiatives, including educational assistance and leadership training [5] - This is the second consecutive year Shentel has won a CableFax Top Ops Award, having previously been recognized in 2024 for its Glo Fiber brand as Fiber Provider of the Year [6] Company Overview - Shenandoah Telecommunications Company provides broadband services through advanced fiber optic and cable networks to residential and commercial customers across eight contiguous states in the eastern United States [7] - The company's service offerings include broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services, supported by an extensive regional network of over 17,700 route miles of fiber [7]
Shenandoah Telecommunications Appoints Edward H. “Ed” McKay as President & CEO, Christopher E. French Transitions to New Role as Executive Chairman
GlobeNewswire· 2025-07-31 21:00
Core Viewpoint - Shenandoah Telecommunications Company has appointed Edward H. McKay as the new President and CEO, effective September 1, 2025, while Christopher E. French transitions to Executive Chairman of the Board [1][3]. Group 1: Leadership Transition - Edward H. McKay, currently the Executive Vice President and COO, will take over as President and CEO [2]. - Christopher E. French will remain involved in the company's strategy as Executive Chairman [1][3]. - The Board of Directors unanimously supported McKay's appointment, highlighting his experience and perspective for managing growth [3]. Group 2: Company Background - Shenandoah Telecommunications provides broadband services through advanced fiber optic and cable networks across eight states in the eastern United States [4]. - The company offers a range of services including broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services [4]. - Shenandoah Telecommunications has an extensive regional network with over 17,700 route miles of fiber [4].
Shenandoah Telecommunications Company to Hold its Second Quarter 2025 Earnings Call at 4:30 p.m. on Thursday, July 31, 2025.
Globenewswire· 2025-07-17 20:05
Core Viewpoint - Shenandoah Telecommunications Company (Shentel) is set to release its second quarter 2025 financial results on July 31, 2025, followed by a conference call to discuss the results and business highlights [1]. Financial Results Announcement - The financial results will be released after market close on July 31, 2025 [1]. - A conference call and simultaneous webcast will take place at 4:30 PM Eastern Time on the same day [1]. - Analysts are required to register to dial-in for the call [1]. 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, dark fiber leasing, and managed network services [3]. - Shentel operates an extensive regional network with over 17,200 route miles of fiber [3].