Profile: Shenandoah Telecommunications Co (SHEN.OQ)
19.52USD
1 Aug 2013
$0.25 (+1.30%)
$19.27
$19.51
$19.61
$18.96
19,488
24,499
$21.00
$12.59
Shenandoah Telecommunications Company incorporated on February 4, 1981, is a diversified telecommunications holding company. The Company through its operating subsidiaries provides both regulated and unregulated telecommunications services to end-user customers and other communications providers Virginia, West Virginia, central Pennsylvania and western Maryland. The Company offers a suite of voice, video and data communications services based on the products and services provided by the Company’s operating subsidiaries. The Company has three segments: Wireless, Cable and Wireline.
Wireless Segment
The business of the Wireless segment is conducted principally by the Company’s Shenandoah Personal Communications Company (PCS) subsidiary. The Wireless segment provides digital wireless service to a portion of a four-state area covering the region from Harrisburg, York and Altoona, Pennsylvania, to Harrisonburg, Virginia as a Sprint PCS Affiliate of Sprint Nextel. This segment also owns cell site towers built on leased land, and leases space on these towers to both affiliates and non-affiliated service providers. Through the Company’s Shenandoah Mobile Company subsidiary, the Wireless segment provides tower rental space to affiliates and non-affiliates in the Company’s PCS service area. This subsidiary owns 150 towers and leases tower space in the PCS service territory in Virginia, West Virginia, Maryland and Pennsylvania to PCS and has 216 leases to other wireless communications providers, as of December 31, 2012.
PCS offers personal communications services through a digital wireless telephone and data network. The Company had 262,892 postpaid PCS customers, as of December 31, 2012. The Company had 128,177 prepaid wireless customers, as of December 31, 2012. Sprint Nextel provides the Company support services, such as customer service, billing, collections, long distance, national network operations support, inventory logistics support, use of the Sprint Nextel brand names, national advertising, national distribution and product development. The Company is charged separately for support services provided by Sprint Nextel to prepaid customers.
Cable Segment
The business of the Company’s Cable segment has been conducted by its Shenandoah Cable Television Company (Shenandoah Cable) subsidiary. The Cable segment provides video, Internet and voice services in Virginia, West Virginia and Maryland. This subsidiary provides coaxial cable-based television service throughout portions of Shenandoah County, Virginia, under franchise agreements with the County and the incorporated municipalities within the County. There were 114,891 cable revenue generating units, as of December 31, 2012. A revenue generating unit consists of each separate service, which include video, digital video, voice and Internet subscribed to by a customer.
Wireline Segment
The business of the Company’s Wireline segment is conducted primarily by its Shenandoah Telephone Company subsidiary. This subsidiary provides both regulated and unregulated telephone services and leases fiber optic facilities primarily throughout the Northern Shenandoah Valley. The Wireline segment provides regulated and unregulated voice services, dial-up and digital subscriber line (DSL) Internet access, and long distance access services throughout Shenandoah County and portions of northwestern Augusta County, Virginia. This subsidiary provided both regulated and non-regulated telephone services to approximately 22,297 customers, as of December 31, 2012, primarily in Shenandoah County and small service areas in Rockingham, Frederick, and Warren counties in Virginia, and in northwestern Augusta County, Virginia. This subsidiary provides access for interexchange carriers to the local exchange network and switching for voice products offered through the Cable segment. This subsidiary has a 20% ownership interest in ValleyNet, which offers fiber network facility capacity to business customers and other communications providers in western, central, and northern Virginia, as well as the interstate 81 corridor from Johnson City, Tennessee to Carlisle, Pennsylvania.
The Company provides Internet access to customers in the northern Shenandoah Valley and surrounding areas. The Internet service had approximately 996 dial-up customers and 12,567 DSL customers, as of December 31, 2012.
The Company competes with AT&T Inc. and Verizon Communications Inc.
Company Address
Shenandoah Telecommunications Co
500 Shentel Way
EDINBURG VA 22824
P: +1540.9844141
F: +1540.9843763
Company Web Links
| Name | Compensation |
|---|---|
Christopher French |
723,682 |
Adele Skolits |
499,580 |
Earle MacKenzie |
687,961 |
Thomas Whitaker |
-- |
Raymond Ostroski |
-- |

