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NTLS - NTELOS Holdings Corp.

NTELOS Holdings Corp. logo NTELOS Holdings Corp., trading under the ticker symbol NTLS, was a regional telecommunications company that provided wireless and wireline communication services to customers in Virginia, West Virginia, and portions of Maryland, North Carolina, Pennsylvania, Ohio, and Kentucky. The company was headquartered in Waynesboro, Virginia.

NTELOS was founded in 1897 as the New River Telephone Company and evolved over the years to become a leading provider of telecommunications services in the mid-Atlantic region. The company's products and services included wireless voice and data, local and long-distance telephone, high-speed internet, and digital TV.

In 2016, Lumos Networks Corp. acquired NTELOS Holdings Corp. and the NTLS stock was delisted from the NASDAQ stock exchange.

Prior to its acquisition, as of its most recent financial filings, NTELOS had revenues of approximately $480 million and employed over 1,000 professionals across its various operations. The company faced competition from other telecommunications companies operating in its markets and was subject to a range of regulatory and technological risks.

Investors who held NTLS stock should have received compensation from Lumos Networks Corp. as part of the acquisition. Investors who are interested in the telecommunications industry may want to research other publicly traded companies in the sector, evaluate their financial performance, competitive position, and growth

 



 

 

 
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