Shenandoah Telecommunications Outlines 2026 Capital Expenditure Plan and Deleveraging Targets
Shenandoah Telecommunications Company (SHEN) has announced its strategic financial roadmap, projecting capital expenditures between $255 million and $275 million for the year 2026. The company is focusing heavily on the expansion of its Glo Fiber network, which recently achieved a significant milestone by surpassing 0.5 million passings. In addition to infrastructure investment, management has set a clear goal to reduce debt, targeting a net leverage ratio of sub-5x by 2027. This dual focus on aggressive fiber deployment and disciplined balance sheet management aims to drive long-term growth while stabilizing the company's financial profile.
Tickers: $SHEN
Topics: earnings call fiber expansion infrastructure milestone
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Part of the story SHENANDOAH TELECOMMUNICATIONS CO/VA/ - 8-K Filing (57 articles)