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Dec 31, 2021
Shentel Q4 2021 Earnings Report
Shentel announced fourth quarter and full year 2021 financial and operating results.
Key Takeaways
Shentel reported fourth quarter and full year 2021 financial and operating results, highlighting the successful divestment of the Wireless business and scaling of the fiber-to-the-home platform.
Shentel successfully divested its Wireless business.
The company is scaling its fiber-to-the-home platform.
Fiber construction backlog has grown to over 255,000 passings.
Targeting a doubling of Glo Fiber passings to 150,000 in 2022.
Forward Guidance
Shentel is focusing on Fiber First growth strategy, targeting growth in Glo Fiber passings.
Positive Outlook
- Fiber construction backlog has grown to over 255,000 passings
- VATI grant award for 16,000 unserved homes
- Targeting a doubling of Glo Fiber passings to 150,000 in 2022
- Passing more homes and businesses with fiber than incumbent cable network by the end of 2023
- Focus on Fiber First growth strategy
Historical Earnings Impact
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Avg. Return Before/After Earnings
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