Shenandoah Telecommunications Provides Update on Glo Fiber Expansion

Company on track to substantially complete fiber-to-the-home build by end of 2026

Published on Mar. 4, 2026

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Shenandoah Telecommunications Company (SHEN) provided an update on the expansion of its Glo Fiber broadband service during the Morgan Stanley Technology, Media & Telecom Conference 2026. The company expects to end 2026 with around 510,000 fiber-to-the-home passings, up from 427,000 at the end of 2025, and is seeing strong momentum heading into this year. SHEN also reiterated its target terminal penetration rate in the high 30% range for the Glo Fiber service.

Why it matters

Shenandoah Telecommunications' Glo Fiber expansion is a key growth driver for the company as it aims to bring high-speed fiber broadband to more communities. The progress on the build-out and the company's confidence in reaching its penetration targets suggest Glo Fiber is resonating with customers and positioning SHEN well for the future of broadband services.

The details

During the conference, James Volk, Senior VP of Finance & CFO at Shenandoah Telecommunications, stated that the company expects to end 2026 with around 510,000 fiber-to-the-home passings, up from 427,000 at the end of 2025. Volk noted the company had its best quarter for the Glo Fiber service in Q4 2025 and is seeing good momentum heading into 2026 as it works to substantially complete the fiber build-out. The company also reiterated its target terminal penetration rate for Glo Fiber in the high 30% range.

  • Shenandoah Telecommunications ended 2025 with 427,000 fiber-to-the-home passings.
  • The company expects to end 2026 with around 510,000 fiber-to-the-home passings.

The players

Shenandoah Telecommunications Company

A telecommunications company that provides broadband, video, and voice services, and is expanding its fiber-to-the-home Glo Fiber service.

James Volk

Senior VP of Finance & CFO at Shenandoah Telecommunications.

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What they’re saying

“Yes, Jon, we're well on track to substantially completing the build. We expect to end '26 with about 510,000 fiber-to-the-home passings and we exited -- the fourth quarter was our best quarter last year. We have good momentum going into this year. So we're in a good place on that side.”

— James Volk, Senior VP of Finance & CFO (Morgan Stanley Technology, Media & Telecom Conference 2026)

The takeaway

Shenandoah Telecommunications' aggressive fiber expansion through its Glo Fiber service is progressing well, with the company on track to substantially complete the build-out by the end of 2026. This positions the company to bring high-speed broadband to more communities and capitalize on growing demand for fiber connectivity.