Shenandoah Telecommunication Mergers and Acquisitions Summary

CommunicationsCompany

Shenandoah Telecommunication has acquired 5 companies. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset.

Shenandoah Telecommunication’s largest acquisition to date was in 2015, when it acquired NTELOS Holdings for $640M. It’s largest disclosed sale occurred in 2021, when it sold Shenandoah Telecommunication - Wireless Assets to T-Mobile US for $2.0B. Shenandoah Telecommunication has acquired in 4 different US states. The Company’s most targeted sectors include communications (80%) and media (20%).

Join Mergr and gain access to Shenandoah Telecommunication’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the communications sector.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity5
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4

Shenandoah Telecommunication

Shenandoah Telecommunication Co.

500 Shentel Way,
Edinburg, Virginia 22824
United States,
(540) 984-4141
www.shentel.com

Shenandoah Telecommunication is a diversified telecommunications holding company, provides both regulated and unregulated telecommunications services to end-user customers and other telecommunications providers in Virginia, West Virginia, central Pennsylvania, and western Maryland. Shenandoah Telecommunication was founded in 1902 and is based in Edinburg, Virginia.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (0.0/yr) # 5 - - - - - 5
vol $790M $790M
Sell (0.2/yr) # - - - 1 - - 1
vol $2.0B $2.0B
  6

Most Recent M&A

Company Date Value Type
Shenandoah Telecommunication Co. - Wireless Assets 2021-02-02 2.0B USD Divestiture
Edinburgh, Virginia
Colane Cable TV, Inc. 2016-01-04 2M USD Add-on Acquisition
Omar, West Virginia
NTELOS Holdings Corp. 2015-08-10 640M USD Add-on Acquisition
Waynesboro, Virginia · www.ntelos.com
Helicon Cable Holdings, LLC 2010-08-09 148M USD Add-on Acquisition
Rye Brook, New York
Rapid Communications - Cable Assets 2008-12-01 - Divestiture
, United States
NTC Communications LLC 2004-12-01 - Add-on Acquisition
Edinburgh, Virginia · www.ntc-com.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Communications 4 (80%) 788M (100%) 1 (100%) 2.0B (100%)
Media 1 (20%) 2M (< 1%) - -
Total 5 $790M 1 $2.0B

By Geo

State/Country Buy Value Sell Value
United States 5 790M 1 2.0B
  Virginia 2 640M 1 2.0B
  West Virginia 1 2M - -
  New York 1 148M - -
Total 5 $790M 1 $2.0B

Deal Values

buy # Total
$100M to $1B 2 $788M
< $100M 1 $2M
TOTAL $790M
Largest NTELOS Holdings Corp.
$640M (2015-08-10)
sell # Total
> $1B 1 $2.0B
TOTAL $2.0B
Largest Shenandoah Telecommunication Co. - Wireless Assets
$2.0B (2021-02-02)

M&A Connections

Deals
Acquired from
Investor(s)
40%
2 (40%)
Strategic(s)
20%
1 (20%)
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Communications

Revenue

267   9% 2022
245   11% 2021
221   66% 2020
634   1% 2019
631   4% 2018
612   15% 2017
535   57% 2016
342   5% 2015
327   7% 2014
308   7% 2013
288   2012
(millions of USD) Show More Show Less

Employees

1,139

Established

1902

Public

NASDAQ: SHEN

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