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Recently Funded|Amount: USD 47.0M|Industry: Telecommunications
Shentel Secures $47M to Bridge the Digital Divide in Rural America
Shentel

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We’re excited to announce that Shentel has successfully raised $47,000,000, marking a pivotal moment in our long and storied history. Since our beginning in 1902 as a small phone company serving the residents of Virginia’s Northern Shenandoah Valley, we have grown into a trusted communications provider delivering advanced broadband, digital TV, voice, and high-speed Internet services. Today, our network stretches across Virginia, West Virginia, Kentucky, Pennsylvania, and Maryland, proudly serving both urban and, most notably, rural and underserved markets. With this significant funding round, we are poised to take our legacy of innovation and community commitment to the next level. The influx of capital is earmarked for the expansion and enhancement of our network infrastructure—ensuring that every community, regardless of geographic size or urban status, has access to the same high-quality services as larger metropolitan areas. This investment will not only support the modernization of our broadband and digital TV services but also bolster our voice communications and mobile offerings via our strategic affiliation with Sprint. By focusing on delivering cutting-edge solutions to those who have historically been overlooked, this funding will enable us to further our mission of bridging the connectivity gap, driving economic growth, and fostering digital inclusion across all the regions we serve. At Shentel, we believe that no community should be left behind. Today’s funding is not just a financial milestone—it’s a commitment to uphold our century-old promise of service, excellence, and innovation for every neighbor, everywhere we serve.
Buying Signals & Intent
Our AI suggests Shentel may be interested in solutions related to:
- Broadband Infrastructure
- Telecommunication Equipment
- Customer Support Services
- Marketing Services
- Business Telecommunications
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