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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
EDINBURG, Va., Aug. 25, 2025 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announces that Angela M. Olsen has joined the Company as Vice President-Legal and General Counsel. Ms. Olsen will be a member of the senior executive team, reporting to the President and Chief Executive Officer. Ms. Olsen has over 25 years of legal experience in corporate, private practice and government legal settings, across a range of industries. Ms. Olsen previously served a ...
Shenandoah Telecommunications Wins Prestigious CableFax Top Ops Work Culture Award
Globenewswire· 2025-08-12 14:40
These values are exemplified in the Shentel Cares program that encourages employees, including those who support the Glo Fiber brand, to actively give back to their local communities. Through initiatives like the Summer Backpack Program and the Big Give holiday campaign, Shentel team members make a meaningful impact by supporting families in need with both financial contributions and volunteer service. "On behalf of our employees, we are honored to be selected for this CableFax Top Ops Award. We are incredi ...
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
Shenandoah Telecommunications Company provides broadband services through its high speed, state-of-the-art fiber optic and cable networks to residential and commercial customers in eight contiguous states in the eastern United States. The Company's services include: broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services. The Company owns an extensive regional network with over 17,700 route miles of fiber. For more information, please visit www.shentel.com. Mr ...
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].
Shenandoah Telecommunications Company Reports First Quarter 2025 Results
Globenewswire· 2025-04-30 11:00
Core Insights - Shenandoah Telecommunications Company ("Shentel") reported strong growth in the first quarter of 2025, with significant increases in subscribers and revenue, particularly in its Glo Fiber Expansion Markets [3][7][8] - The company achieved a 52% revenue growth in Glo Fiber Expansion Markets, contributing to a total revenue increase of 26.9% year-over-year [7][8] - Adjusted EBITDA grew by 43.3% to $27.6 million, with margins improving from 28% to 31% [3][7][23] Financial Performance - Total revenue for Q1 2025 was $87.9 million, up from $69.2 million in Q1 2024, primarily driven by $15.2 million from acquired Horizon markets [8][14] - Glo Fiber Expansion Markets revenue reached $18.4 million, a 52% increase compared to the previous year [7][8] - Net loss from continuing operations was $9.1 million in Q1 2025, compared to a loss of $4.1 million in Q1 2024, attributed to higher depreciation and amortization costs [7][14] Subscriber Growth - The company added 5,400 new subscribers in Glo Fiber Expansion Markets, bringing total subscribers in these markets to approximately 71,000, a 51% increase year-over-year [3][7] - Total broadband homes passed increased by 128,000 to approximately 604,000, with significant growth in both Glo Fiber and Incumbent Broadband Markets [7][26] Capital Expenditures - Capital expenditures for Q1 2025 were $83.2 million, up from $70.1 million in the same period of 2024, reflecting investments in network expansion [6][9] - The increase in capital expenditures was primarily driven by investments in Horizon markets and Glo Fiber network expansion [9][13] Operational Metrics - Adjusted EBITDA margin improved to 31% in Q1 2025 from 28% in Q1 2024, indicating enhanced operational efficiency [23] - The company reported a 46.5% growth in residential and SMB revenue in Glo Fiber Expansion Markets, contributing to overall revenue growth [8][27] Liquidity Position - As of March 31, 2025, Shentel had cash and cash equivalents of $87.5 million and total available liquidity of approximately $334.6 million [13][17]