UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d)
of the Securities Exchange Act of 1934
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MAY 21, 2004
Date of Report
(Date of earliest event reported)
Shenandoah Telecommunications Company
(Exact name of registrant as specified in its charter)
Virginia 0-9881 54-1162807
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification Number)
P.O. Box 459
Edinburg, VA 22824
(Address of principal executive office) (Zip code)
Registrant's telephone number, including area code: (540) 984-4141
Item 5.
The information contained in this report on Form 8-K is being furnished pursuant
to Item 5 as directed by the Securities and Exchange Commission in Release No.
34-47583 and shall not be deemed to be "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934 or otherwise subject to the liabilities of that
Section.
NEWS RELEASE
For further information, please contact Earle A. MacKenzie at 540-984-5192
SHENANDOAH TELECOMMUNICATIONS COMPANY SIGNS
$20 MILLION AGREEMENT WITH LUCENT TECHNOLOGIES
FOR 3G MOBILE NETWORK EQUIPMENT
Edinburg, VA (May 21, 2004) - Shenandoah Telecommunications Company (Shentel;
NASDAQ: SHEN), a PCS Affiliate of Sprint, today announced a contract with Lucent
Technologies to purchase up to $20 million of third-generation (3G) CDMA2000
mobile network equipment in 2004 to further enhance its existing 3G network. As
part of the agreement, Shentel also said that Lucent will be its "vendor of
choice" for all switching and base station requirements for its CDMA2000 mobile
network through 2007.
"Our customers in the mid-Atlantic region look to Shentel for a reliable
wireless network and great customer service," said Christopher French,
president, Shentel. "Under this agreement, and with the equipment from Lucent,
we will be able to continue to provide our customers with outstanding service."
Lucent will provide Flexent(R) Modular Cell base stations to enhance
network coverage and voice capacity for Shentel's networks in Virginia, West
Virginia, Maryland and Pennsylvania. The Lucent-supplied CDMA2000 infrastructure
will help Shentel continue to deliver a variety of high-speed mobile data
services that allow customers to browse the Internet at speeds faster than most
dial-up connections; check personal and corporate e-mail; take and receive
pictures; watch clips and stream audio for news and music; and download
polyphonic, animated and voice ringers and full-color, graphically-rich games
and screen savers.
"We're pleased to be working with Shentel as they continue to upgrade
their network with equipment that will allow them to offer a wide variety of
services to their customers now and in the future," said John Seeling, sales
director for Lucent Technologies.
About Shenandoah Telecommunications
Shenandoah Telecommunications Company is a holding company that provides a
broad range of telecommunications services through its operating subsidiaries.
The Company is traded on the NASDAQ National Market under the symbol "SHEN." The
Company's operating subsidiaries provide local telephone, cable television,
internet access, interexchange facilities, and PCS services, along with many
other associated services, to the four-state region from Harrisonburg, Virginia
to Harrisburg and Altoona, Pennsylvania.
About Lucent Technologies
Lucent Technologies, headquartered in Murray Hill, NJ, USA, designs and
delivers networks for the world's largest communications service providers.
Backed by Bell Labs research and development, Lucent relies on its strengths in
mobility, optical, data and voice networking technologies as well as software
and services to develop next-generation networks. The company's systems,
services and software are designed to help customers quickly deploy and better
manage their networks and create new, revenue-generating services that help
businesses and consumers. For more information on Lucent Technologies, visit its
Web site at http://www.lucent.com
This release contains forward-looking statements that are subject to various
risks and uncertainties. The Company's actual results could differ materially
from those anticipated in these forward-looking statements as a result of
unforeseen factors. A discussion of factors
that may cause actual results to differ from management's projections,
forecasts, estimates and expectations is available in the Company filings with
the SEC, including the Company's Annual Report on Form 10-K filed with the SEC
on March 9, 2004. Those factors may include changes in general economic
conditions, increases in costs and other competitive factors.
SHENANDOAH TELECOMMUNICATIONS COMPANY AND SUBSIDIARY COMPANIES
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
SHENANDOAH TELECOMMUNICATIONS COMPANY
(Registrant)
May 26, 2004 /S/ EARLE A. MACKENZIE
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Earle A. MacKenzie
Chief Financial Officer