Brief: Shenandoah Telecommunications Announces Expected Use Of Proceeds From $1.95 Bln Sale Of Wireless Assets And Operations To T-Mobile

Shenandoah Telecommunications

03/02/2021 11:09

Feb 3 (Reuters) - Shenandoah Telecommunications Co  SHEN.O :
    * SHENANDOAH TELECOMMUNICATIONS COMPANY ANNOUNCES EXPECTED
USE OF
PROCEEDS FROM $1.95 BILLION SALE OF WIRELESS ASSETS AND
OPERATIONS TO T-MOBILE
    * SHENANDOAH TELECOMMUNICATIONS CO - EXPECTS TO ISSUE AN
$18.75
PER SHARE SPECIAL DIVIDEND TO SHENTEL SHAREHOLDERS
    * SHENANDOAH TELECOMMUNICATIONS CO - 2020 PRELIM REVENUE
$219
MILLION - $221 MILLION
    * SHENANDOAH TELECOMMUNICATIONS CO - SEES 2021 REVENUE $241
MILLION TO $248 MILLION

Source text for Eikon:  ID:nGNX5dLRC8 
Further company coverage:  SHEN.O 

 ((Reuters.Briefs@thomsonreuters.com;))