Shentel announced that its Glo Fiber brand is now available in Greenfield, Ohio, adding more than 2,300 homes and businesses to the network. The service delivers symmetrical upload and download speeds of up to 5 Gbps and is available in the city’s initial neighborhoods through the Glo Fiber website.
The launch is a key milestone in Shentel’s fiber‑first transformation. It extends the company’s 18,000‑mile regional backbone—built in part through the 2024 acquisition of Horizon Acquisition Parent LLC—into Ohio, bringing the total Glo Fiber passings to just over 400,000. By entering a duopoly market where competition is limited, Shentel is positioning itself to capture market share and drive higher average revenue per user in a region that has historically lacked high‑speed options.
From a financial perspective, the Greenfield expansion supports the growth trajectory of the Glo Fiber segment, which has delivered double‑digit revenue and subscriber growth in recent quarters. While the company continues to post net losses due to capital expenditures on network build‑out and the Horizon integration, adjusted EBITDA has expanded, reflecting the high incremental margins of new fiber customers and the operational leverage of the existing backbone. The addition of 2,300 customers is expected to contribute roughly $1.2 million in annual recurring revenue, reinforcing the company’s path to positive free cash flow by 2027.
Shentel’s president and CEO, Christopher E. French, said the launch “provides true choice for residents and businesses and offers reliable, multi‑gigabit connectivity that attracts investment, supports remote work and education, and strengthens local businesses.” Vice‑President of Industry Affairs, Chris Kyle, added that the new service will act as a catalyst for economic development in Greenfield, enabling the community to compete with larger markets for high‑tech talent and enterprise customers.
The expansion also aligns with broader market trends. Demand for high‑speed broadband has accelerated as remote work, cloud services, and digital learning become entrenched. In a duopoly environment, Shentel’s transparent pricing, contract‑free plans, and local customer support give it a competitive edge over the single incumbent provider. The company’s strategy to reach 550,000 Glo Fiber passings by the end of 2026 and achieve positive free cash flow by 2027 underscores its confidence in sustained demand and the scalability of its fiber network.
Overall, the Greenfield launch demonstrates Shentel’s ability to execute its fiber expansion strategy, add significant revenue potential, and strengthen its competitive position in a high‑growth market. The move is a tangible step toward the company’s long‑term financial goals and reflects the broader industry shift toward gigabit‑speed connectivity.
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