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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.[4]

Shentel operates its wireless division as a Sprint affiliate,[5] serving 1,006,874 subscribers.[2]

History

Shentel was founded in 1902 as the Farmers Mutual Telephone System (FMTS). Its initial goal was to bring telephone service to rural residents of Shenandoah County, VA. [6] In 1960 the name changed to Shenandoah Telephone Company, then in 1981 to Shenandoah Telecommunications Company (Shentel).[7]

The company launched cable TV service and a fiber optic network in the 1980s. In 1984 Shentel added mobile and paging services. In 1990 Shentel launched Shenandoah Cellular, the first company in Virginia to offer cellular service to a rural area. Internet service was made available to Shentel customers in 1994. [8]

In the 2000s Shentel began to expand its cable footprint - purchasing cable assets from Rapid Communications in Virginia and West Virginia in 2008[9], and acquiring JetBroadband in southern Virginia and southern West Virginia in 2010.[10] Later in 2010, Shentel purchased two small cable systems from Suddenlink Communications (one in West Virginia, the other in Maryland). [11]

In May 2016, Shentel finished acquiring its competitor Ntelos[12] for 640 million dollars.[13] acquiring 297,500 subscribers. The deal also transferred an additional 291,000 subscribers from Sprint in exchange for Ntelos spectrum[14][15], making Shentel the sixth largest public wireless company in the United States.[16]

References

  1. ^ "Shentel - Explore". www.shentel.com. Retrieved 2016-01-22. 
  2. ^ a b c d "2017 annual report". www.sec.gov. Shenandoah Telecommunications Company. March 15, 2018. Retrieved April 7, 2018. 
  3. ^ "SHEN Profile Shenandoah Telecommunications C Stock - Yahoo Finance". Finance.yahoo.com. Retrieved 2017-07-07. 
  4. ^ "Shentel - History". www.shentel.com. Retrieved 2016-01-22. 
  5. ^ "Sprint affiliate Shentel buys fellow wholesale partner nTelos for $640M". FierceWireless. Retrieved 2016-01-22. 
  6. ^ "Shentel Facebook page - Company Milestones". www.facebook.com. Retrieved 2017-11-08. 
  7. ^ "Shentel - History". www.shentel.com. Retrieved 2017-11-08. 
  8. ^ "Shentel - History". www.shentel.com. Retrieved 2017-11-08. 
  9. ^ "Shenandoah Telecommunications Company to Acquire Cable Assets in Virginia and West Virginia". www.shentel.com. 2008-08-06. Retrieved 2017-11-08. 
  10. ^ "Shentel Completes Acquisition of JetBroadband". www.shentel.com. 2010-08-09. Retrieved 2017-11-08. 
  11. ^ "Shenandoah Telecommunications Closes on Cable Acquisition". www.shentel.com. 2010-12-01. Retrieved 2017-11-08. 
  12. ^ "What you need to know about the Shentel, Ntelos merger". Whsv.com. Retrieved 2017-07-07. 
  13. ^ "Sprint affiliate Shentel buys fellow wholesale partner nTelos for $640M". FierceWireless. Retrieved 2017-07-07. 
  14. ^ Petska, Alicia. "Shentel completes acquisition of Ntelos Virginia". roanoke.com. Retrieved 2017-07-07. 
  15. ^ "Sprint and Shentel to Expand Affiliate Territory to Cover Former nTelos Area Sprint Newsroom". Newsroom.sprint.com. Retrieved 2017-07-07. 
  16. ^ "Shentel - History". www.shentel.com. Retrieved 2017-11-08.