SHENANDOAH TELECOMMUNICATIONS CO/VA/

Shenandoah Telecommunications Company (Shentel) announced it will release its second quarter 2026 financial results before the market opens on Wednesday, July 29, 2026. The company will host a conference call and simultaneous webcast on the same day at 8:30 a.m. Eastern Time to discuss the results and business highlights. A replay of the call will be available on the Investor Relations page of Shentel's website.

Shenandoah Telecommunications Company (Shentel) announced that its Glo Fiber service has connected its 100,000th fiber broadband customer. This milestone reflects strong demand for high-quality, fiber-based connectivity and the company's commitment to delivering fast, reliable internet services. Glo Fiber, which provides speeds up to 8 Gbps, leverages Shentel's 19,400-mile regional fiber network and offers services to over 449,000 homes and businesses.

James F. DiMola resigned from the Board of Directors of Shenandoah Telecommunications Company, effective June 8, 2026. His departure was not due to any disagreements with the company. Concurrently, Matthew D. Rinklin was elected to the Board, effective June 8, 2026, to fill the vacancy. Mr. Rinklin, a Managing Director at GCM Grosvenor L.P., was appointed as the Investor Director pursuant to the Investor Rights Agreement and will serve as a Class 3 director until the 2027 annual meeting.

Shenandoah Telecommunications Company (Shentel) announced the completion of its $20 million Virginia Telecommunications Initiative (VATI) project in Campbell County, Virginia. This initiative successfully expanded gigabit broadband internet service to more than 4,100 previously unserved homes. The project was a collaborative effort, funded by the VATI program, Shentel's capital investment, and a contribution from Campbell County, highlighting a successful public-private partnership.

Shenandoah Telecommunications Company (Shentel) announced the completion of its Virginia Telecommunications Initiative (VATI) project. This $32 million construction project expanded gigabit broadband internet service to over 6,700 previously unserved homes in Franklin County, Virginia. The project was funded by the VATI program, Shentel's capital investment, and a contribution from Franklin County, strengthening the county's infrastructure.

Shenandoah Telecommunications Company reported Q1 2026 results with total revenue increasing 4.8% to $92.2 million and Adjusted EBITDA growing 15.0% to $31.7 million. However, the company posted a net loss of $15.8 million, wider than the $9.1 million loss in Q1 2025, primarily due to increased operating expenses and depreciation. Shentel reiterated its 2026 financial guidance and is on track to complete its Glo Fiber expansion in 2026, aiming for positive free cash flow in 2027. The company also incurred $2.1 million in severance costs related to a previously announced 10% workforce reduction.

Shenandoah Telecommunications Company held its 2026 annual meeting, where shareholders elected Matthew S. DeNichilo, Kenneth L. Quaglio, and Michael A. Rhymes to the Board of Directors for three-year terms. Additionally, shareholders ratified the appointment of RSM US LLP as the independent registered public accounting firm. The non-binding proposal regarding the compensation of named executive officers was also approved by shareholders.

Shenandoah Telecommunications Company (Shentel) announced it will release its first quarter 2026 financial results before the market opens on Friday, May 1, 2026. Following the release, the company will host a conference call and simultaneous webcast on the same day at 8:30 a.m. Eastern Time to discuss its financial performance and business highlights. Interested parties can access the webcast via the company's investor relations page, with a replay available for a limited time.