Press release content from Globe Newswire. The AP news staff was not involved in its creation. Shenandoah Telecommunications Company Announces Expected Use of Proceeds from $1.95 billion ... Shenandoah Telecommunications CoFebruary 3, 2021 GMT Shentel expects to issue an $18.75 per share special dividend to Shentel shareholders The Company Provides Preliminary 2020 Financial Results and 2021 Financial Outlook EDINBURG, Va., Feb. 03, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (NASDAQ: SHEN) announced today the expected uses of the approximately $1.5 billion of after-tax proceeds to be received from the sale of Shentel’s Wireless assets and operations (“Shentel Wireless”) to T-Mobile US, Inc. (“T-Mobile”). Shentel currently expects to use the proceeds to, among other things: