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Shenandoah Telecommunications wireline revenue steady at $3.3M in second quarter - Fierce Telecom

Shenandoah Telecommunications (Nasdaq: SHEN) reported steady wireline revenue and an increase in the number of DSL customers during the second quarter of 2012, even as the company continued to add voice customers to its triple play voice, video and data cable broadband package. The company's consolidated results showed a strong year-over-year increase in net income, from $3 million in Q2 2011 to $5.6 million in Q2 2012--an 86 percent jump. Shentel reported earnings per share of 24 cents. The Edinburg, Va.-based holding company reported wireline operating revenue of $3.3 million--down...

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Published By: Fierce Telecom - Monday, 6 August, 2012