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General

Shentel raises div as Q3 revenues lift on demand for high-speed services

Friday 6 November 2020 | 16:43 CET | News
US regional operator Shenandoah Telecom (Shentel) reported higher results for the third quarter, driven by demand at Broadband for high speed internet services and with Glo Fiber showing a record number of net additions. With T-Mobile US exercising its option to buy Shentel's Wireless segment, the company will now accelerate investments into new iniatives to increase Broadband's addressable market to over 700,000 homes passed. The company is also raising its cash dividend by 17.2 percent to USD 0.34 per share.

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Categories: General
Companies: T-Mobile US
Countries: United States
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