Shentel To Buy Ntelos, End Awkward, Unpronounceable Name

After months of ‘will they or won’t they’ and having its stock whipsawed as a result of buyout rumors, Ntelos (NTLS) announced that it would be acquired by fellow Mid-Atlantic region focused operator Shenandoah Telecommunications (SHEN). Shentel, as it is known, is paying $640m for the company, much of it in the form of assumed debt. NTLS shareholders… Read More »