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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 […]
Shentel to acquire Ohio fiber company
Edinburg-based Shenandoah Telecommunications, better known as Shentel, plans to acquire Horizon Telcom for $385 million, the company announced Tuesday. Shentel will pay $305 million in cash and the rest in common stock. The transaction is expected to close in the first half of 2024. Ohio-based Horizon, founded in 1895, is a commercial fiber provider with […]
Federal Contractors | Technology 2023: JILL SINGER
Singer has been leading the telecommunications company’s business activities for the Department of Defense and the U.S. intelligence community since 2020. She oversees efforts to bring 5G connectivity to a broad swath of uses from helping first responders communicate during disasters to enabling U.S. Air and Space forces to adopt autonomous vehicles and robots. Recently, […]
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 […]
Telecommunications 2023: ERNEST ‘ERNIE’ ORTEGA
Ortega began 2023 by announcing GTT had completed its financial restructuring and was marking “the beginning of an important new chapter” as a “customer-focused managed services provider.” Two weeks later, he revealed the company’s new marketing tagline, “Making exceptional possible.” In 2021, the global provider of managed network and security services sold its infrastructure divi[...]
Telecommunications 2023: MATTHEW J. DESCH
Iridium launched five spare satellites in May, completing its plans to upgrade the resilience of its constellation of communication satellites. It now has 66 operational crosslinked satellites and 14 spares. Iridium’s mobile voice and data satellite communications network is used in ships, planes and land vehicles and for Internet of Things systems. For fiscal year […]
Telecommunications 2023: DAVID C. WAJSGRAS
Wajsgras took over as CEO of Intelsat in April 2022 soon after the McLean-based satellite operator’s emergence from Chapter 11 bankruptcy and financial restructuring. A little more than a year later, in June 2023, news surfaced that merger talks between Intelsat and its Luxembourg-based competitor SES had been called off. Last year, Intelsat deployed emergency communications […]
Telecommunications 2023: J.D. MYERS II
Myers has been with Cox since 2006, leading its Virginia operations and now its East Coast region. Earlier this year, the home and business telecommunications and cable TV provider expanded Myers’ role, placing him in charge of day-to-day operations for much of the eastern U.S., including Connecticut, Florida, Georgia, North Carolina, Ohio, Rhode Island and […]
Telecommunications 2023: MAGGIE HALLBACH
In May, Verizon Business announced a $145.7 million contract to help the U.S. Postal Service transition to a cloud technology platform as it modernizes. Hallbach said Verizon’s network-as-a-service offering will help USPS’ customer support systems run more efficiently. The Postal Service is among Verizon Public Sector’s federal, state and local government customers. Verizon Public Sector [&h[...]
Telecommunications 2023: VINCE APRUZZESE JR.
AT&T Virginia’s president since 2010, Apruzzese took on the additional role of president of external affairs for Delaware, Maryland and Washington, D.C., in April. His expanded duties include leading the company’s public policy, legislative and philanthropic activities in the three states and D.C. In a post for the AT&T Connects website, Apruzzese noted that the […]
Telecommunications 2023: MICHAEL KEEGAN
Keegan has been CEO of TNS, a privately held networking, integrated data and voice services provider that employs 1,300 people, since 2013. He joined the company in 2001 and was influential in its expansion into more than 60 countries. In 2021, TNS was acquired by a Koch Industries subsidiary, and in August 2022, TNS acquired […]
AT&T Virginia president adds Maryland, Delaware, D.C. to duties
AT&T Virginia President Vince Apruzzese Jr. will add the role of president of external affairs for Delaware, Maryland and Washington, D.C., to his duties, the company announced Wednesday. Apruzzese has served as AT&T’s Virginia president since 2010. In his expanded role, Apruzzese, who’s based in Richmond, will lead AT&T’s legislative, public policy and philanthropic [...]
