SHEN: Fiber revenue growth and record Glo Fiber additions drive higher margins and positive outlook
Record Glo Fiber net additions and strong fiber revenue growth drove a 5.5% increase in consolidated revenue and a 12.9% rise in adjusted EBITDA. Fiber now accounts for over half of total revenue, with positive free cash flow expected in 2027 and EBITDA margins targeted to reach 40% in the next few…