Welcome to our dedicated page for Shenandoah Telecommunications news (Ticker: SHEN), a resource for investors and traders seeking the latest updates and insights on Shenandoah Telecommunications stock.
Shenandoah Telecommunications Company (SHEN) provides investors and stakeholders with centralized access to official news and developments from this established broadband provider. Track press releases covering network expansions, financial results, and strategic initiatives in rural Mid-Atlantic markets.
This resource aggregates SHEN's latest announcements including fiber network upgrades, tower leasing agreements, and service area expansions. Users gain timely insights into operational milestones, regulatory filings, and technology deployments across Virginia, West Virginia, and Maryland.
Discover updates on SHEN's dual business model combining consumer broadband services with telecom infrastructure leasing. The curated news feed supports analysis of rural connectivity initiatives and infrastructure investment patterns.
Bookmark this page for direct access to primary source materials from Shenandoah Telecommunications. Monitor evolving developments in one of the Mid-Atlantic's key regional providers of fiber-optic and wireless solutions.
Shenandoah Telecommunications Company (Shentel) reported its first quarter 2024 financial results, with revenue growing by 3.1% to $69.2 million. The Tower segment's financial results were presented as discontinued operations. Glo Fiber Markets added 5,000 subscribers and ended the quarter with 47,000 subscribers. The Tower Portfolio was sold for $309.9 million in cash. Net loss from continuing operations was $4.1 million due to higher interest expense. Glo Fiber Markets revenue grew by 73.0% to $12.1 million. Shentel completed the sale of its tower portfolio and made significant acquisitions to fuel organic growth.
