NTLS Profile
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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