Regional US mobile operator Shenandoah Telecommunications Company (Shentel) has closed a transaction to further expand its relationship with national provider Sprint. Shentel has signed an ‘expansion agreement’ and amended its ‘affiliate agreement’ with Sprint to expand its affiliate service territory, adding a population of approximately 1.1 million in Lancaster County, Central Virginia, Southwest Virginia, Southern West Virginia and Eastern Kentucky. Shentel signed a similar agreement in 2017, expanding its service to around 500,000 people in the Parkersburg and Cumberland.
With this latest expansion, Shentel is now authorised to serve over seven million people in the mid-Atlantic area as a Sprint PCS Affiliate. In exchange for compensation of USD65 million, Shentel will have the right to serve the expanded affiliate service territory and will acquire approximately 105 cell sites, with approximately 67,000 Sprint post-paid and pre-paid subscribers in the expansion area becoming Sprint ‘branded affiliate’ customers managed by Shentel. Shentel has committed to spend approximately USD56 million over the next three years to expand and improve coverage in the expanded affiliate service territory.
The new agreement became effective on 1 February 2018.