Shentel

Shenandoah Telecommunications Company
Public
Traded as NASDAQ: SHEN
Industry Telecommunications
Founded 1902[1]
Headquarters Edinburg, Virginia, USA
Services Local and long-distance telephone service, cable television, Internet access, wireless Internet access, digital phone, fiber-optic Internet, wholesale
Revenue Increase 130.3 million[2]
Decrease $-6.150 million[2]
Decrease $-6.995 million[2]
Number of employees
 1200 [3]
Website www.shentel.com

Shentel, officially Shenandoah Telecommunications Company, is a publicly traded telecommunications company headquartered in Edinburg, Virginia. It operates a digital wireless and wireline network in rural Virginia, West Virginia, Maryland and Pennsylvania.[4]

Shentel operates its wireless division as a Sprint affiliate,[5] serving 1,006,874 subscribers.[2]

History

In May 2016, Shentel finished acquiring its competitor Ntelos[6] for 640 million dollars.[7] acquiring 297,500 subscribers. The deal also transferred an additional 291,000 subscribers from Sprint in exchange for Ntelos spectrum[8][9]

References

  1. ↑ "Shentel - Explore". www.shentel.com. Retrieved 2016-01-22.
  2. 1 2 3 4 "2Q 2016 Earnings Conference Call". www.sec.gov. Shenandoah Telecommunications Company. August 5, 2016. Retrieved July 7, 2017.
  3. ↑ "SHEN Profile | Shenandoah Telecommunications C Stock - Yahoo Finance". Finance.yahoo.com. Retrieved 2017-07-07.
  4. ↑ "Shentel - History". www.shentel.com. Retrieved 2016-01-22.
  5. ↑ "Sprint affiliate Shentel buys fellow wholesale partner nTelos for $640M". FierceWireless. Retrieved 2016-01-22.
  6. ↑ "What you need to know about the Shentel, Ntelos merger". Whsv.com. Retrieved 2017-07-07.
  7. ↑ "Sprint affiliate Shentel buys fellow wholesale partner nTelos for $640M". FierceWireless. Retrieved 2017-07-07.
  8. ↑ Petska, Alicia. "Shentel completes acquisition of Ntelos | Virginia". roanoke.com. Retrieved 2017-07-07.
  9. ↑ "Sprint and Shentel to Expand Affiliate Territory to Cover Former nTelos Area | Sprint Newsroom". Newsroom.sprint.com. Retrieved 2017-07-07.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.