Shenandoah Wraps Up Sale of Shentel Wireless to T-Mobile

Shenandoah Telecommunications completed the sale of Shentel Wireless to T-Mobile, Shenandoah said Thursday (see 2106010017). Shenandoah receives cash proceeds of $1.94 billion, including a $60 million settlement of the waived management fees by Sprint, an indirect subsidiary of T-Mobile, Shenandoah said.