Tag Archives: Shentel

T-Mobile will reportedly purchase Shentel’s wireless business for $1.95 billion

t-mobile-will-reportedly-buy-shentel-wireless-business-$1.95-billion

T-Mobile has made some big decisions for the company. Earlier today, the company revealed that it plans to buy the wireless assets of regional operator, Shentel. According to the report, this acquisition will include around 1.1 million mobile customers from the areas of Virginia, West Virginia, Ohio, Kentucky, Maryland, and Pennsylvania. The report also shares that the acquisition will cost a total of $1.95 billion.  Shentel has long been an affiliate of Sprint. Even though it … [read full article]

T-Mobile and Shentel reach acquisition agreement, deal expected to close in Q2 2021

A few months ago, we learned that T-Mobile had decided to buy the wireless business of long-time Sprint affiliate Shentel, but the two parties couldn’t agree on a price. Now it looks like they’ve finally come to an agreement. Shentel has come to an agreement with T-Mobile on how to value its wireless business so that T-Mo can acquire it. The appraisers that’ll set the value of Shentel will use July 1, 2020 as their valuation … [read full article]

FCC announces results of CBRS spectrum auction that T-Mobile participated in

The FCC today announced the results of its recent 3.5GHz CBRS spectrum auction, and T-Mobile finished with a few of the Priority Access Licenses (PALs). T-Mobile spent a total of $5.58 million on eight PALs in six counties. Also of note is that Shentel won a total of 262 PALs in 74 counties, spending $16.118 million for them. T-Mo is in the process of buying Shentel’s wireless assets, so those PALs could eventually become T-Mobile’s. … [read full article]

T-Mobile wants to buy Shentel’s wireless business, but they can’t agree on a price

We learned earlier this year that T-Mobile was in negotiations to acquire the wireless business of Sprint affiliate Shentel following T-Mo’s acquisition of Sprint, and now it looks like that purchase is going to happen. T-Mobile and Shentel have revealed in filings with the SEC that T-Mo has notified Shentel that it plans to exercise its option to purchase the assets of Shentel’s wireless operations. As part of the affiliate agreement that Shental and Sprint … [read full article]

T-Mobile to negotiate with Sprint affiliate Shentel over its wireless business

Following the closing of T-Mobile and Sprint’s merger earlier this month, it’s been revealed that T-Mo may end up acquiring a regional Sprint affiliate as well. Shenandoah Telecommunications, aka Shentel, has revealed that it’s in negotiations with T-Mobile to continue on as an affiliate of T-Mo post-merger. Shentel has been operating as an affiliate of Sprint since 1995 and has more than 1 million wireless customers in states like Virginia, West Virginia, Maryland, and … [read full article]