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 [3]
Decrease $-6.995 million[4]
Number of employees
 662[5]
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.[6]

Shentel operates its wireless division as a Sprint affiliate,[7] serving 1,006,874 subscribers. [8]

History

In May 2016, Shentel finished acquiring its competitor Ntelos[9] for 640 million dollars.[10] acquiring 297,500 subscribers. The deal also transferred an additional 291,000 subscribers from Sprint in exchange for ntelos spectrum[11][12]

References

  1. ↑ "Shentel - Explore". www.shentel.com. Retrieved 2016-01-22.
  2. ↑ https://www.sec.gov/Archives/edgar/data/354963/000114036116074939/ex99_1.htm
  3. ↑ https://www.sec.gov/Archives/edgar/data/354963/000114036116074939/ex99_1.htm
  4. ↑ https://www.sec.gov/Archives/edgar/data/354963/000114036116074939/ex99_1.htm
  5. ↑ http://finance.yahoo.com/quote/SHEN/profile?p=SHEN
  6. ↑ "Shentel - History". www.shentel.com. Retrieved 2016-01-22.
  7. ↑ "Sprint affiliate Shentel buys fellow wholesale partner nTelos for $640M". FierceWireless. Retrieved 2016-01-22.
  8. ↑ https://www.sec.gov/Archives/edgar/data/354963/000114036116074939/ex99_1.htm
  9. ↑ http://www.whsv.com/content/news/What-you-need-to-know-about-the-Shentel-Ntelos-merger--378677741.html
  10. ↑ http://www.fiercewireless.com/story/sprint-affiliate-shentel-buys-fellow-wholesale-partner-ntelos-640m/2015-08-10
  11. ↑ http://www.roanoke.com/news/virginia/shentel-completes-acquisition-of-ntelos/article_7e4a5881-f905-5263-9365-d03587b8ed22.html
  12. ↑ http://finance.yahoo.com/news/sprint-shentel-expand-affiliate-territory-201000708.html


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