STOCK TITAN

Glo Fiber Announces Expansion of its Fiber Network to City of Lancaster, PA

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Glo Fiber, powered by Shenandoah Telecommunications Company (Shentel), has partnered with municipal officials to bring next generation fiber-to-the-home broadband services to the City of Lancaster, Pennsylvania. The expansion will provide internet speeds up to 5 Gbps to over 20,000 homes and businesses. Construction is set to begin mid-2024 and last approximately 18 months.
Positive
  • None.
Negative
  • None.

Expansion will bring internet speeds up to 5 Gbps to over 20,000 homes and businesses

EDINBURG, Va., Nov. 1, 2023 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced they have reached an innovative partnership with municipal officials to deploy next generation fiber-to-the-home (FTTH) broadband services to the City of Lancaster, Pennsylvania. Glo Fiber will utilize portions of the City's extensive existing fiber network and provide key fiber assets to the City for Smart City uses. Engineering work is currently underway, and construction is slated to begin mid-2024 and last approximately 18 months.

"The City of Lancaster is enthusiastic to embark on the next phase of implementing city-wide broadband with Glo Fiber to ensure all residents can access best-in-class broadband services," said Danene Sorace, Mayor of Lancaster.

Glo Fiber provides a direct fiber-to-the-home (FTTH) internet connection with super-fast, symmetrical upload and download speeds up to 5 gigabits per second (Gbps) with service already available to more than 30,000 homes and businesses in Pennsylvania. The fiber-to-the-home network, coupled with Shentel's 9,000-mile regional fiber network, enables Glo Fiber to deliver high speeds, low latency, and unparalleled reliability. The company has earned a reputation for providing superior local customer service across its markets, including the growing list of communities in Pennsylvania, Virginia, Maryland, and West Virginia.

"Over the past couple of years, we have been building our fiber network throughout Lancaster County providing citizens with a competitive, all-fiber choice for their internet, TV, and phone," said Chris Kyle, Vice President of Industry Affairs & Regulatory at Shentel. "The City of Lancaster has shown great foresight into the future of technology for their citizens, and Glo Fiber is thrilled to collaborate with them to bring complete broadband coverage in the City. Our investment in the City of Lancaster will provide an additional boost to their economic development to attract companies interested in relocating to the area."

In combination with multi-gigabit internet speeds, Glo TV streaming services and phone services are also available. Wall-to-Wall WiFi service is offered, ensuring a seamless and reliable connection anywhere in your home or business.

As a leading broadband internet provider in the Mid-Atlantic region, Glo Fiber takes great pride in several key differentiators compared to our competitors:

  • Fiber-to-the-home technology with exceptional reliability
  • Symmetrical download and upload speeds up to 5 Gbps
  • Easy, straight-forward pricing with no long-term contracts
  • Prompt local customer service

To learn more about Glo Fiber, please visit www.glofiber.com or 1-833-WANT GLO (1-833-926-8456).

About Glo Fiber
Glo Fiber provides next-generation fiber-to-the-home (FTTH) multi-gigabit broadband internet access, live streaming TV, and digital phone service powered by Shentel (Nasdaq: SHEN). Glo Fiber provides the fastest available residential and small business internet service using XGS-PON, a state-of-the-art 10 Gbps symmetrical technology.

About Shenandoah Telecommunications
Shenandoah Telecommunications Company (Shentel) provides broadband services through its high speed, state-of-the-art fiber-optic and cable networks to customers in the Mid-Atlantic United States. The Company's services include: broadband internet, video, and voice; fiber-optic Ethernet, wavelength and leasing; and tower colocation leasing. The Company owns an extensive regional network with over 9,000 route miles of fiber and over 220 macro cellular towers. For more information, please visit www.shentel.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/glo-fiber-announces-expansion-of-its-fiber-network-to-city-of-lancaster-pa-301974374.html

SOURCE Shenandoah Telecommunications Company

FAQ

Who is partnering with municipal officials to bring fiber-to-the-home broadband services to the City of Lancaster, Pennsylvania?

Glo Fiber, powered by Shenandoah Telecommunications Company (Shentel), is partnering with municipal officials.

What will be the internet speeds provided by Glo Fiber in the expansion?

Glo Fiber will provide internet speeds up to 5 Gbps.

How many homes and businesses will benefit from the expansion?

Over 20,000 homes and businesses will benefit from the expansion.

When will the construction begin and how long will it last?

Construction is set to begin mid-2024 and last approximately 18 months.

What are the key differentiators of Glo Fiber compared to its competitors?

Glo Fiber offers fiber-to-the-home technology with exceptional reliability, symmetrical download and upload speeds up to 5 Gbps, easy, straight-forward pricing with no long-term contracts, and prompt local customer service.

Shenandoah Telecom Co

NASDAQ:SHEN

SHEN Rankings

SHEN Latest News

SHEN Stock Data

700.00M
49.85M
4.18%
74.05%
2.72%
Telecom Services
Telephone Communications (no Radiotelephone)
Link
United States of America
EDINBURG