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  • Shenandoah Telecommunications Company Reports Second Quarter 2021 Results

    Posted 29 July 2021 12:00 AM by Shentel

    EDINBURG, Va., July 29, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced second quarter 2021 financial and operating results.

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  • Shenandoah Telecommunications Company Declares $18.75 per Share Special Dividend

    Posted 2 July 2021 12:00 AM by Shentel

    EDINBURG, Va., July 02, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Shenandoah Telecommunications Company (“Shentel” or the “Company”) (NASDAQ: SHEN) declared a special dividend of $18.75 per share on the issued and outstanding shares of Shentel’s common stock. The special dividend is payable on August 2, 2021 to shareholders of record as of the close of business on July 13, 2021. In accordance with NASDAQ rules, the ex-dividend date will be August 3, 2021, the first business day after the payment date.

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  • Shenandoah Telecommunications Company Completes Sale of its Wireless Assets and Operations to T-Mobile

    Posted 1 July 2021 12:00 AM by Shentel

    EDINBURG, Va., July 01, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (NASDAQ: SHEN) announced today the closing of the previously announced sale of its Wireless assets and operations to T-Mobile USA, Inc. (“T-Mobile”). The Company received cash proceeds of $1.94 billion, inclusive of the approximately $60 million settlement of the waived management fees by Sprint Corporation, an indirect subsidiary of T-Mobile (“Sprint”), and net of certain transaction expenses.

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  • Shentel and T-Mobile Enter into an Asset Purchase Agreement

    Posted 1 June 2021 12:00 AM by Shentel

    On May 28, 2021, Shenandoah Telecommunications Company ( “Shentel” or “Seller”) and T-Mobile USA, Inc. (“T-Mobile” or “Buyer”) entered into an Asset Purchase Agreement (the “Agreement”) pursuant to the purchase option previously exercised by T-Mobile on August 26, 2020 and the completion of the appraisal process previously disclosed on February 2, 2021. Under the Agreement, T-Mobile will purchase from Shentel the specified operating assets and related rights (as defined in the Agreement) of Shentel’s Wireless Business (as defined in the Agreement) that were utilized to provide wireless telecommunications network services as contemplated by the Sprint PCS Management Agreement, as amended (the “Management Agreement”), in the Wireless Network Coverage Area (the geographic service area as defined in the Management Agreement) utilizing the Sprint Marks, among other things and subject to the satisfaction or waiver of specified conditions (the “Transaction”). As previously disclosed, the aggregate consideration payable by Buyer under the Agreement will be $1.95 billion in cash including approximately $60 million in settlement of the waived management fee which is subject to adjustment based on the closing date. Consummation of the Transaction is currently expected to occur in early third quarter of 2021, subject to customary conditions to closing including the receipt of certain regulatory approvals. 

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  • Shenandoah Telecommunications Company Reports First Quarter 2021 Results

    Posted 29 April 2021 12:00 AM by ShentelCo

    EDINBURG, Va., April 29, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced first quarter 2021 financial and operating results.

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  • Shenandoah Telecommunications Company to Hold its First Quarter 2021 Earnings Call at 8:00 a.m. on Friday, April 30, 2021.

    Posted 22 April 2021 12:00 AM by Shentel

    EDINBURG, Va., April 22, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its first quarter 2021 financial results after the market closes on Thursday, April 29, 2021 and will host a conference call and simultaneous webcast at 8:00 a.m. Eastern Time on April 30, 2021.

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  • Annual Shareholder Meeting Presentation

    Posted 20 April 2021 12:00 AM by Shentel

    Annual Shareholder Meeting Presentation About Shenandoah Telecommunications Shenandoah Telecommunications Company (Shentel) provides a broad range of diversified communications services through its high speed, state-of-the-art wireless, cable, fiber optic and fixed wireless networks to customers in the Mid-Atlantic United States. Shentel’s services include: wireless voice and data; broadband internet, video, and digital voice; fiber optic Ethernet, wavelength and leasing; telephone voi...

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  • Shenandoah Telecommunications Company's Annual Meeting of Shareholders

    Posted 20 April 2021 12:00 AM by Shentel

    Shenandoah Telecommunications Company (Shentel) will host its Annual Shareholder Meeting on Tuesday, April 20, 2021 at 11:00 a.m. Eastern Time. Date: April 20, 2021 Time: 11:00 AM ET Access the meeting at www.virtualshareholdermeeting.com/SHEN2021 About Shenandoah Telecommunications Shenandoah Telecommunications Company (Shentel) provides a broad range of diversified communications services through its high speed, state-of-the-art wireless, cable, fiber optic and fixed wireless networks to ...

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  • Shenandoah Telecommunications Company Reports Fourth Quarter and Full Year 2020 Results

    Posted 25 February 2021 12:00 AM by Shentel

    EDINBURG, Va., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced fourth quarter and full year 2020 financial and operating results.

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  • Shenandoah Telecommunications Company to Hold its Fourth Quarter 2020 Earnings Call at 8:30 a.m. on Thursday, February 25, 2021

    Posted 17 February 2021 12:00 AM by Shentel

    EDINBURG, Va., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its fourth quarter 2020 financial results before the market opens on Thursday, February 25, 2021 and will host a conference call and simultaneous webcast at 8:30 a.m. Eastern Time that day.

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  • Shenandoah Telecommunications Company Announces Expected Use of Proceeds from $1.95 billion Sale of Wireless Assets and Operations to T-Mobile

    Posted 3 February 2021 12:00 AM by Shentel

    EDINBURG, Va., Feb. 03, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (NASDAQ: SHEN) announced today the expected uses of the approximately $1.5 billion of after-tax proceeds to be received from the sale of Shentel’s Wireless assets and operations (“Shentel Wireless”) to T-Mobile US, Inc. (“T-Mobile”). Shentel currently expects to use the proceeds to, among other things.

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  • Shenandoah Telecommunications Company Announces $1.95 billion Sales Price for its Wireless Assets and Operations to T-Mobile

    Posted 2 February 2021 12:00 AM by Shentel

    EDINBURG, Va., Feb. 02, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (NASDAQ: SHEN) announced today that the appraisal process related to the purchase option for Shentel’s Wireless assets and operations (“Shentel Wireless”) previously exercised by T-Mobile US, Inc. (“T-Mobile”), has been completed. In accordance with the terms of the management agreement and through a process with three independent valuation providers, the purchase price (based on a calculation of 90% of “Entire Business Value” and inclusive of the unrealized Sprint waived management fee) for Shentel Wireless was determined to be $1.95 billion in cash, subject to customary purchase price adjustments. Shentel and T-Mobile had previously agreed that the determination of “Entire Business Value” through the just completed appraisal process is final and binding. Shentel and T-Mobile expect to enter into a definitive asset purchase agreement during the first quarter 2021 and expect the transaction will close in the second quarter 2021 after satisfying customary closing conditions and obtaining required regulatory approvals.

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  • Shenandoah Telecommunications Company Reports Third Quarter 2020 Results

    Posted 6 November 2020 12:00 AM by Shentel

    EDINBURG, Va., November 6, 2020 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN) announced third quarter 2020 financial and operating results.

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  • Shenandoah Telecommunications Company Announces 2020 Annual Dividend

    Posted 27 October 2020 12:00 AM by Shentel

    EDINBURG, Va., Oct. 27, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Shenandoah Telecommunications Company (Shentel) (NASDAQ: SHEN) declared a cash dividend of $0.34 per share.

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  • Shenandoah Telecommunications Company to Hold its Third Quarter 2020 Earnings Call at 8:30 a.m. on Friday, November 6, 2020

    Posted 21 October 2020 12:00 AM by Shentel

    EDINBURG, Va., Oct. 21, 2020 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its third quarter 2020 financial results before the market opens on Friday, November 6, 2020 and will host a conference call and simultaneous webcast at 8:30 a.m. Eastern Time that day.

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  • T-Mobile Exercises Option to Purchase Shentel's Wireless Operations

    Posted 27 August 2020 12:00 AM by Shentel

    EDINBURG, VA (August 27, 2020) – Shenandoah Telecommunications Company (Shentel) (NASDAQ: SHEN), a leading provider of telecommunications and broadband services in Virginia, West Virginia, Pennsylvania, Maryland, Kentucky and Ohio, today announced that T-Mobile delivered to the Company a notice exercising its option under Shentel’s affiliate agreement with Sprint to purchase the Company’s Wireless operations.  T-Mobile completed the acquisition of Sprint in April 2020.

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  • Shenandoah Telecommunications Company Reports Second Quarter 2020 Results

    Posted 30 July 2020 12:00 AM by shentel

    EDINBURG, Va., July 30, 2020 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced second quarter 2020 financial and operating results.

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  • Shenandoah Telecommunications Company to Hold its Second Quarter 2020 Earnings Call

    Posted 28 July 2020 12:00 AM by shentel

    EDINBURG, Va., July 27, 2020 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its second quarter 2020 financial results before the market opens on Thursday, July 30, 2020 and will host a conference call and simultaneous webcast at 8:00 a.m. Eastern Time that day.

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  • Shenandoah Telecommunications Company Reports First Quarter 2020 Results

    Posted 30 April 2020 12:00 AM by Shentel

    EDINBURG, Va., April 30, 2020 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq:SHEN) announced first quarter 2020 financial and operating results.

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  • Shentel Announces Changes for 2020 Annual Meeting of Shareholders

    Posted 31 March 2020 12:00 AM by Shentel

    EDINBURG, Va., March 31, 2020 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ: SHEN) announced today that, due to the emerging public health impact of the coronavirus pandemic (COVID-19), the location of the 2020 annual meeting of shareholders of Shentel has been changed and will be held in a virtual meeting format only via a live webcast. As previously announced, the annual meeting will be held on Tuesday, April 21, 2020, at 11:00 a.m., Eastern Time.

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