Shenandoah Telecommunications Co · NASDAQ:SHEN

Shenandoah Telecommunications — Shareholder Meeting (April 2010)

33 slides from Shenandoah Telecommunications's shareholder meeting presentation, Apr 20, 2010

  1. Slide 1: Annual Shareholder Meeting

    Annual Shareholder Meeting April 20, 2010 Exhibit 99.1

  2. Slide 2: Safe Harbor Statement

    Safe Harbor Statement This presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our business strategy, our prospects and our financial position. Th

  3. Slide 3: Use of Non-GAAP Financial Measures

    Use of Non-GAAP Financial Measures Included in this presentation are certain non-GAAP financial measures that are not determined in accordance with US generally accepted accounting principles. These financial performance measures are not indicative of cash provided or used by operating activities an

  4. Slide 4: Net Income from Continuing Operations

    Net Income from Continuing Operations

  5. Slide 5: Cable Segment Operating Losses

    Cable Segment Operating Losses

  6. Slide 6: Cable Segment RGU Growth

    Cable Segment RGU Growth Excludes the impact of RGU’s in markets sold in 4Q’09

  7. Slide 7: PCS Subscribers (000s) Number of Cell Sites

    PCS Subscribers (000s) Number of Cell Sites Wireless Segment

  8. Slide 8: Shentel Revenues by Segment ($ million)

    co” SHENTEL 180.0 @ Cable 160.0 é @ Wireless 140.0 co. @ Wireline 120.0 100.0 80.0 60.0 Revenues ($ million) 40.0 20.0 1989 1999 2009

  9. Slide 9: Acquisition of Jet Broadband

    Acquisition of Jet Broadband q Diversification q Scale q Coaxial Network q Synergies q Geographic Fit q Leveraging Core Competencies

  10. Slide 10: Shentel and JBB Cable Areas

    a” SHENTEL ‘Ashburn ‘Glenile Frain Webster Springs Charleston Harrisonburg Summersvill ‘Marinton oF Charlottesville 7 BA Caenson Mullens\Pineville Mackatusy 37 x vt hevilley ee, cry @@® Shentel Cable Areas (> JBB Cable Areas Lawrenceville

  11. Slide 11: Percent of Homes Passed with Services

    Percent of Homes Passed with Services

  12. Slide 12: Cable Homes Passed (in 000's)

    Cable Homes Passed (in 000’s) Key Operational Metrics With Jet Broadband Pro Forma for Periods Ending December 31, 2009

  13. Slide 13: RGU's (in 000's)

    RGU’s (in 000’s) Key Operational Metrics With Jet Broadband Pro Forma for Periods Ending December 31, 2009

  14. Slide 14: Revenues (in millions)

    Revenues (in millions) Key Operational Metrics - With Acquisition Pro Forma for Periods Ending December 31, 2009

  15. Slide 15: Operating Income Before Depreciation and Amortization (in millions)

    Operating Income Before Depreciation and Amortization (in millions) Key Operational Metrics - With Acquisition Pro Forma for Periods Ending December 31, 2009

  16. Slide 16: Adele Skolits, CFO and VP of Finance

    Adele Skolits CFO and VP of Finance

  17. Slide 17: Earnings Per Share (EPS)

    Earnings Per Share (EPS) *-Includes gain on sale of Rural Telephone Bank stock of $.27 in EPS from Continuing Operations and EPS

  18. Slide 18: Operating Revenues, Expenses and Cash Flow

    0 SHENTEL Operating Revenues Operating Expenses Operating Income Depreciation and Amortization Operating Cash Flow Year Ended 12/31: 2009 2008 Change $160.6 $144.4 $16.2 117.8 99.2 18.6 42.8 45.2 (2.4) 32.6 26.7 5.9 $75.4 $71.9 $3.5

  19. Slide 19: Change between 2008 and 2009 Operating Cash Flow

    Change between 2008 and 2009 Operating Cash Flow

  20. Slide 20: Shentel vs NASDAQ Indexes

    <0" SHENTEL @-SHENANDOAH TELECOMMUNICATIONS COMPANY ‘HE NASDAQ U.S. INDEX 259 | cme NASDAQ TELECOMMUNICATIONS INDEX 100 2004 2005 2006 2007 2008 2009

  21. Slide 21: Debt (in millions)

    Debt (in millions) Level of Debt Periods Ending December 31, 2009

  22. Slide 22: Debt to Operating Cash Flow

    Debt to Operating Cash Flow Level of Debt

  23. Slide 23: Direct Registration Householding

    Direct Registration Householding Shareholder Services - Eliminates the need for physical stock certificates - Eliminates the risk of certificates being lost, stolen or destroyed - To use, need to surrender paper certificates - Entirely optional - Will now only send one copy of the proxy statement an

  24. Slide 24: Earle MacKenzie, COO and EVP

    Earle MacKenzie COO and EVP

  25. Slide 25: PCS Retail Subscribers (000s)

    PCS Retail Subscribers (000s) Key Operational Results - Wireless

  26. Slide 26: PCS Gross Additions PCS Net Additions

    PCS Gross Additions PCS Net Additions Key Operational Results - Wireless

  27. Slide 27: PCS Gross Billed Data & Voice

    PCS Gross Billed Data & Voice Key Operational Results - Wireless

  28. Slide 28: PCS Annual Billed Service Revenues (in millions)

    PCS Annual Billed Service Revenues (in millions) $134.2 $144.8 Key Operational Results - Wireless

  29. Slide 29: Access lines (000s)

    Access lines (000s) Key Operational Results - Wireline

  30. Slide 30: Internet Customers (000s)

    Internet Customers (000s) Key Operational Results - Wireline

  31. Slide 31: Number of RGUs (000's)

    Number of RGUs (000’s) Key Operational Results - Cable

  32. Slide 32: Capital Expenditures by Segment ($ millions)

    Capital Expenditures by Segment ($ millions)

  33. Slide 33: Annual Shareholder Meeting

    Annual Shareholder Meeting April 20, 2010

Shenandoah Telecommunications — Shareholder Meeting (April 2010) on 6ix