Shentel Q2 revenue rose as Glo Fiber passed 100,000 customers
TL;DR: Shentel said its revenue increased and its net loss narrowed in the second quarter, while its Glo Fiber business passed 100,000 customers. Shentel said fiber accounted for 51% of its total revenue in the quarter.
Shentel reported in the second quarter that revenue rose and its loss shrank. The company also said its Glo Fiber customer base surpassed 100,000 during the quarter.
Shentel said fiber represented 51% of its overall revenue in the quarter. The update indicates that fiber became the largest contributor to Shentel's revenue mix in the period.
The source excerpt did not provide specific revenue, loss, or subscriber net addition figures for the quarter. It identified Shentel and its Glo Fiber business and stated that the company crossed 100,000 fiber customers in Q2.
Related questions
- How many Glo Fiber customers did Shentel report in Q2?
- What share of Shentel's revenue came from fiber in the quarter?
- Did Shentel report a profit or a loss in Q2?
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