Where are the telephone companies headed? For years and years telephone and communication companies fought to build up wire networks. They tried to gain control over as much land area as possible. They put up poles with wires to every home, business and office. After the invention of wireless these companies get less revenue from their wire services. Now they are building, buying and or renting broadcast towers. Those companies that have the money and wherewithal to make the needed technology changes will survive and flourish. Those that are unable to adjust will be bought up or will go bankrupt.

One such company is Shenandoah Telecommunications Company. It supplies telecommunications services to both communications suppliers and also to end-users in the area between Pennsylvania, Virginia, West Virginia and Maryland. Shenandoah provides video, voice and data communications services. It also owns communication towers and leases tower space to other communication providers. The company also provides internet services thorough fiber optic cables. Aside from other communication suppliers, the company has approximately 130,000 end-user customers for all of its varieties of services.

This company has a market capitalization of $253 million and plant property and equipment worth $280 million. The enterprise value is $424 million. They are adapting to the changing reality of communications technology and we will watch how they proceed.

Some of the managers of Shenandoah Telecommunications Company are Adele M. Skolits, William L. Pirtle, Jonelle St. John, and Edward H. McKay.

Disclaimer: The information in this article is insufficient to base investment decisions on. All decisions should be based on a thorough analysis of the investment.