Shenandoah Telecom Powered Glo Fiber Launches Lightning Fast Fiber Optic Internet in Salisbury, Maryland
Portfolio Pulse from Benzinga Newsdesk
Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) has launched its Glo Fiber service in Salisbury, Maryland, offering 100% fiber optic broadband to initial neighborhoods. The construction, which began in late 2023, aims to cover over 14,000 homes and businesses within 18-24 months.

March 19, 2024 | 9:09 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Shenandoah Telecommunications Company (Shentel) has initiated the rollout of its Glo Fiber broadband service in Salisbury, Maryland, targeting over 14,000 homes and businesses.
The launch of Glo Fiber in a new market represents a significant expansion for Shentel, potentially increasing its customer base and revenue. The investment in fiber optic technology also positions the company as a competitive provider of high-speed internet, which could positively influence investor sentiment and stock performance in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90