Brief: Shenandoah Telecommunications Co Announces $1.95 Bln Sales Price For Its Wireless Assets And Operations To T-Mobile
02/02/2021 12:18
Feb 2 (Reuters) - Shenandoah Telecommunications Co SHEN.O :
* SHENANDOAH TELECOMMUNICATIONS CO - ANNOUNCES $1.95 BILLION
SALES
PRICE FOR ITS WIRELESS ASSETS AND OPERATIONS TO T-MOBILE
* SHENANDOAH TELECOMMUNICATIONS CO - SHENTEL AND T-MOBILE
EXPECT
TO ENTER INTO A DEFINITIVE ASSET PURCHASE AGREEMENT DURING Q1
2021
* SHENANDOAH TELECOMMUNICATIONS CO - CURRENTLY EXPECTS THAT
AFTER-TAX PROCEEDS FROM SALE OF SHENTEL WIRELESS WILL BE ABOUT
$1.5 BILLION
Source text for Eikon: ID:nGNX2xNplL
Further company coverage: SHEN.O
((Reuters.Briefs@thomsonreuters.com;))
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