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Shentel to sell cell towers portfolio for $310.3M
Shenandoah Telecommunications (Shentel) has entered into an agreement to sell its portfolio of cellular towers and associated operations to Vertical Bridge Holdco for $310.3 million in cash, the Edinburg-based company announced Friday, a move that appears to largely transition Shentel out of the last remnants of its cellular phone business. Vertical Bridge is the nation’s […]
Telecommunications 2023: CHRISTOPHER E. FRENCH
Shentel is focusing on growing Glo Fiber, its optical fiber home and business broadband service. It had more than 138,000 broadband customers at the end of 2023’s first quarter, a period when it added more than 1,000 route miles of fiber to support customers. With 649 employees in Virginia and 845 total, Shentel reported fiscal […]
