Shentel Expected to Emerge as Major Regional Player, Macquarie Says
Shentel is poised to emerge as a bigger regional player, after wrapping up the integration of nTelos in the second half of last year, Macquarie analyst Amy Yong said Tuesday in a note to investors. Shentel acquired nTelos, which served…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
parts of Kentucky, Maryland, North Carolina, Ohio, Pennsylvania, Virginia and West Virginia, in May 2016 (see 1605090002). “With increased confidence in execution, a new [Chief Financial Officer] James Woodward, and an amendment to expand its regional footprint by ~16 percent, Shentel is well poised for the next leg of growth,” Yong wrote. “The company is uniquely positioned to capitalize on its Sprint affiliate status and remain dominant in a competition-friendly, Mid-Atlantic footprint.”