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Sep 30, 2020
Shentel Q3 2020 Earnings Report
Reported strong Q3 2020 results driven by the Broadband business.
Key Takeaways
Shentel reported strong Q3 2020 results, driven by continued demand for high-speed internet services and the early success of Glo Fiber. The company is focused on the upcoming Wireless appraisal process and the transition to a broadband-centric company.
Broadband business had another quarter of strong operating results.
Continued demand for high-speed Internet services.
Excited by the early results of Glo Fiber with a record quarter of net additions.
Plan to accelerate investments in new initiatives to increase Broadband addressable market to over 700,000 homes passed.
Forward Guidance
Shentel is focused on the upcoming Wireless appraisal process and the transition to a broadband centric company.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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