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Shentel fiber sales drive to $10M as E-Rate, tower business rise

May 3, 2016

Shentel’s wireline network success in the first quarter, which contributed to the provider’s net income rise of 35 percent year over year to $13.9 million, was driven by fiber sales to schools via the FCC’s E-Rate program and to wireless operators in its region.

“We have been incredibly successful at school systems and E-Rate,” said Earle MacKenzie, EVP and COO, during Shentel’s first quarter earnings call, according to a Seeking Alpha transcript. “If you look at the school systems that we have connected or are working to put connection and looking at our fiber footprint, it’s pretty impressive.”

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