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Shentel delays financial reporting

EDINBURG, VA.—Shenandoah Telecommunications postponed the release of its financial results for the fourth quarter and year 2005, citing a delay in completing its annual independent audit. The company did not provide any details about when the results would be available.

Shentel, which provides service in the Mid-Atlantic and Southeast and is a Sprint PCS affiliate of Sprint Nextel Corp., was expected to announce its results today.

The operator reported its customer numbers in January. Shentel added about 6,500 net retail customers in the fourth quarter, up 43 percent from the same quarter in 2004. The carrier also added nearly 4,900 wholesale customers. Shentel closed out 2005 with about 123,000 retail customers and roughly 38,700 wholesale customers.

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