05:54 AM EST, 02/03/2025 (MT Newswires) -- (Updates with the latest stock move in the last paragraph.)

Shenandoah Telecommunications ( SHEN ) affiliate Glo Fiber said Monday it is broadening its fiber-optic network in Lancaster, Ohio, with plans to connect 10,000 additional homes and businesses by late 2025.

The company said construction began last year and is anticipated to be finished in H2.

Glo Fiber delivers upload and download speeds of up to 5 gigabits per second through fiber-to-home technology and Shentel's 16,000-mile regional network, the company said.

The company's shares were up more than 10% in recent premarket activity.