Shenandoah Telecommunications Company (dubbed "Shentel") said it will cut 340 employees, or 30% of its workforce, across its six-state Mid-Atlantic service area.
"Approximately 90% of the reductions are employees who support wireless operations and who will not automatically transfer to T-Mobile as part of the transaction," the company said in a release. Shentel agreed to sell its wireless business to T-Mobile earlier this year.
Shentel said it will employ around 860 workers following the cuts. The operator said it anticipates the cuts to reduce its operating expenses by around $4 million.
The company said it now expects to close its transaction with T-Mobile by the third quarter of this year; the company previously said it expected to close the deal in the second quarter.