Shentel is expanding its fiber network in parts of four states, enabling the provider to pursue a mix of dark and lit fiber-based services for business and wholesale wireless customers.
Shenandoah Telecommunications Company (Shentel) has entered an agreement to purchase West Virginia's Colane Cable TV for $2.4 million.
Shenandoah Telecommunications Company (Shentel) is the latest NCTC member company to pipe up about stalled carriage renewal talks with AMC Networks, accusing the programmer of seeking an excessive 379 percent fee increase over its current contract.
Shentel's wireline network continues to see gains from its wholesale fiber services business with $7.1 million in third-quarter sales. The service provider said that it has strong customer interest for its fiber network services.
As the second quarter earnings season comes to a close, FierceWireless is ranking the nation's top wireless carriers in terms of subscribers, revenues, ARPU, churn and more. And perhaps the most notable element in this quarter's ranking is the fact that T-Mobile US has handily passed Sprint to become the nation's third largest wireless network operator with a total of almost 59 million customers.
Shentel has made some changes to its top management team, promoting three executives to new positions following its recent purchase of nTelos.
Mid-Atlantic telecommunications company Shentel said it will purchase nTelos for approximately $640 million in a move the company said will improve its fiber and cable holdings.
Sprint wholesale partner Shenandoah Telecommunications, better known as Shentel, is buying fellow Sprint wholesale partner nTelos Wireless in a deal valued at around $640 million, including net debt. There had been speculation since May that such a deal would come to pass, and nTelos had been reviewing strategic alternatives.
Shentel reported that second-quarter carrier access and fiber revenue for the quarter was $10.2 million, a 5.3 percent increase from $9.6 million for the same quarter last year, due to growth in new fiber contracts driven mainly by the cable segment.
The second-quarter 2015 earnings reporting season has begun, and FierceTelecom is tracking how key players in the wireline telecom industry performed. Check here throughout the reporting season for updates on providers, vendors and integrators in this segment.