Shentel is upgrading its Radford network to offer 100% fiber-to-the-home internet services with multi-gig speeds.
Quiver AI Summary
Shenandoah Telecommunications Company (Shentel) is enhancing its network in Radford, Virginia, by introducing a 100% fiber-to-the-home internet service, which will provide multi-gig internet speeds to both residential and business customers. The construction of this upgrade is anticipated to be finished by the end of the year. Radford Mayor David Horton expressed support for the investment, highlighting the improved reliability and availability of broadband services. Shentel's fiber network, backed by its extensive 17,700-mile infrastructure, promises high speed and low latency. Customers will also benefit from features such as Whole-Home Wi-Fi and free upgrades to the new fiber service as it becomes available. For additional details, Shentel provides resources for customers to sign up and learn more about the service.
Potential Positives
- Shentel is upgrading its network in Radford, Virginia, to 100% fiber-to-the-home service, improving broadband service reliability and speed for residents and businesses.
- The new service will provide symmetrical multi-gig internet speeds of up to 5 Gbps, enhancing user experience for downloads, uploads, and online activities.
- Current Shentel customers can upgrade to the fiber network at no additional cost, indicating a commitment to customer satisfaction and retention.
- The expansion reinforces Shentel’s position as a leading broadband service provider in the region, with support from local officials highlighting the positive impact on the community.
Potential Negatives
- Significant investment in upgrading infrastructure may raise concerns about the company's financial priorities and resource allocation in the long term.
- The completion timeline by the end of the year may lead to customer frustrations if delays occur in construction and service availability.
- Dependence on a single technology (fiber-to-the-home) may pose risks in an industry that is rapidly evolving and may require continual adaptation to new technologies.
FAQ
What is Shentel Fiber?
Shentel Fiber is a 100% fiber-to-the-home internet service providing high-speed, symmetrical multi-gig internet speeds to residents and businesses in Radford, Virginia.
When will the network upgrade in Radford be completed?
The network upgrade in Radford is expected to be completed by the end of this year.
How can current customers upgrade to Shentel’s fiber service?
Current Shentel customers can upgrade to the fiber-to-the-home network at no additional cost once construction is completed in their neighborhood.
What internet speeds can customers expect from Shentel Fiber?
Customers can expect symmetrical internet speeds of up to 5 Gbps, providing fast downloads and uploads.
What additional services does Shentel offer?
In addition to high-speed internet, Shentel offers phone and video services, along with Whole-Home Wi-Fi for seamless connectivity.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SHEN Insider Trading Activity
$SHEN insiders have traded $SHEN stock on the open market 103 times in the past 6 months. Of those trades, 103 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SHEN stock by insiders over the last 6 months:
- CONTROLCO, LLC ECP has made 50 purchases buying 891,238 shares for an estimated $12,115,846 and 0 sales.
- FIBER HOLDINGS GP, LLC ECP has made 50 purchases buying 891,238 shares for an estimated $12,115,846 and 0 sales.
- CHRISTOPHER E FRENCH (President & CEO) has made 3 purchases buying 33,300 shares for an estimated $396,844 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SHEN Hedge Fund Activity
We have seen 78 institutional investors add shares of $SHEN stock to their portfolio, and 88 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SOUTHEASTERN ASSET MANAGEMENT INC/TN/ added 1,378,250 shares (+151.5%) to their portfolio in Q2 2025, for an estimated $18,826,895
- ECP CONTROLCO, LLC added 261,987 shares (+10.7%) to their portfolio in Q2 2025, for an estimated $3,578,742
- AMERICAN CENTURY COMPANIES INC added 250,901 shares (+51.3%) to their portfolio in Q2 2025, for an estimated $3,427,307
- GOLDMAN SACHS GROUP INC removed 243,282 shares (-45.6%) from their portfolio in Q2 2025, for an estimated $3,323,232
- INVESCO LTD. added 227,789 shares (+103.7%) to their portfolio in Q2 2025, for an estimated $3,111,597
- FIRST TRUST ADVISORS LP removed 199,884 shares (-84.6%) from their portfolio in Q2 2025, for an estimated $2,730,415
- MILLENNIUM MANAGEMENT LLC removed 191,774 shares (-42.7%) from their portfolio in Q2 2025, for an estimated $2,619,632
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$SHEN Analyst Ratings
Wall Street analysts have issued reports on $SHEN in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BWS Financial issued a "Buy" rating on 05/01/2025
To track analyst ratings and price targets for $SHEN, check out Quiver Quantitative's $SHEN forecast page.
Full Release
EDINBURG, Va., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN), a leading provider of broadband services, is currently upgrading its network in Radford, Virginia, with 100% fiber-to-the-home internet service. Shentel Fiber will bring symmetrical, multi-gig internet speeds to both residential and business customers, and construction is expected to be completed by the end of the year.
“We are pleased with the investment Shentel is making in the City of Radford and the overall upgrade in broadband service reliability, availability, and speed,” said Radford Mayor David Horton.
Shentel’s fiber-to-the-home technology, supported by its 17,700-mile regional fiber network, enables the delivery of high speeds, low latency, and exceptional internet reliability. In addition to high-speed internet, Shentel offers phone and video services, as well as Whole-Home Wi-Fi for seamless connectivity throughout homes and businesses.
“Shentel is excited to build on its long and successful history of providing reliable broadband services in the City of Radford with the introduction of Shentel Fiber,” said Chris Kyle, Vice President of Regulatory and Industry Affairs. “Our all-fiber network will meet the technology needs of Radford’s residents and businesses—now and in the future. Customers will benefit from symmetrical multi-gig internet speeds, enabling lightning-fast downloads and uploads, seamless video conferencing, and a dependable connection for all their online activities.”
Current Shentel customers can upgrade to Shentel’s fiber-to-the-home network at no additional cost as construction is completed in their neighborhood. To sign up for service and receive notifications when 100% fiber-optic service is available, visit shentelfiber.com/upgrade .
Key benefits of Shentel Fiber include:
- Incredibly fast symmetrical internet speeds up to 5 Gbps
- A consistent and reliable fiber network that connects directly to the home
- Prompt and friendly local customer service—no third-party call centers
- Real people available in real time, without navigating automated systems
-
A range of internet service tiers to meet diverse economic and entertainment needs
To learn more about Shentel, please visit https://www.shentel.com/en/local/va/radford for residential service and www.shentelbusiness.com for commercial service.
About Shenandoah Telecommunications
Shenandoah Telecommunications Company (Shentel) provides broadband services through its high-speed, state-of-the-art fiber optic and cable networks to residential and commercial customers in eight contiguous states in the eastern United States. Shentel’s services include: broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services. The Company owns an extensive regional network with over 17,700 route miles of fiber. For more information, please visit
www.shentel.com
.
Media Contact:
Jennifer McDowell
[email protected]
540-984-5055
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e38639e5-93c4-492a-8af4-159561df5598
