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Shentel Named to 100 Fastest Growing Companies list

Posted 15 January 2019 12:00 AM by Shentel

Shentel is proud to announce that the company was named to FORTUNE Magazine’s 100 Fastest Growing Companies list of domestic and foreign publicly traded companies for 2018.

The 116-year-old Edinburg-based company provides Internet, voice, video, mobile and fiber service in Virginia, West Virginia, Pennsylvania and Maryland and currently has more than a million customers between its service offerings.

“Earning a spot on this prominent list is exciting for Shentel and is recognition that our employees remain focused on shareholder growth,” said Willy Pirtle, Senior Vice President of Sales and Marketing at Shentel. “As a company that was started in 1902, Shentel has grown and prospered as a result of our focus on serving our customers with the telecommunications products they demand and on investing in the future to adapt to new technology and the changing consumer habits.”

Shentel’s operating revenues in 2017 were $612 million, an increase of $77 million or 14.3% over 2016, primarily due to the expansion of its wireless network and coverage area through the acquisition of nTelos. In recent months, Shentel stock has hit new 52-week highs and the number of employees is now close to 1,200.

“We are firing on all cylinders right now,” Pirtle said. “We are continuing to grow, and we remain focused on serving our customers now and in the future.”