Edward H. McKay
our Thanks, good and Jim, primary product Slide show XX, X everyone. offerings. morning, we where I'll begin on
and Shentel Our and and services serve both networks Kentucky. small TV cable homes Maryland rural in towns incumbent XXX,XXX broadband, gigabit Virginia, cable Virginia, areas West voice across businesses in services with
per build and now XX% from Fiber starting second OurGlo rural of markets our an density with businesses our lower increase where wireless prohibitive Fiber over passed of of XX,XXX urban our it almost be cost cable. Internet edge-out represents service targets XXXX.Our services. fiber fixed service can Beam Shentel existing homes fiber utilities higher higher our rate. or suburban have This and areas, penetration to cost density service pass, areas targets or areas to We XXX,XXX to-date, neighborhoods have These we also between to quarter to have lower density be a target to areas. in tend also construct into Based increased passing suburban but Glo a $X,XXX and less performance higher $X,XXX where for lower to increased suburban our XX%, areas underground. on and these typically has we target and density as our terminal broadband is with to original Glo while cost the penetration
Broadband our industry-leading business out sustainable we our the growth expect to build next continue have We networks years. several to as over
to Slide XX. Turning
Glo now rapidly of networks. depicted incumbent cable, fiber X,XXX wireless expanding route Fiber connecting network our consists have and fixed our broadband miles broadband over We of
in the launching Beam footprint, of our In Borough X counties, agreements Pennsylvania. and additional and Hempfield reached service launched Lancaster, in outside and township Mountville Roanoke Virginia to Glo quarter, Virginia. first in addition during West Lynchburg, X franchise with wireless we county fixed In we East our Fiber in Virginia service second
approximately prior in in broadband quarter, to a results XX. on to added the our cable of total year. XX.X% the quarter move significant XXX,XXX incumbent compared business, starting nearly about X,XXX the in compared RGUs grew same almost In year-over-year to increase during This Slide quarter period year. the operating same is We on to our prior RGUs Let's the period the end net the to in X% XXX,XXX second with second XXX,XXX.
of customer with primary also year cable quarter. metric our our value and operations broadband this in increased behind overall satisfaction. field from customer second success. last the the Net in broadband penetration card, Shentel incumbent research service our quarter are indicator The service rate Our leverages the combined an XX.X% XX.X% Score of drivers improvements Promoter of to data as
average We over XXXX of revenue quarter per an second years, to broadband customer Scores data a quarter increased a dramatic the modestly seen this have the from XX.X% the the in in a Promoter past growing in versus second quarter user per in of second, X rate year. XX% period or Net our $XX.XX, increase to of our of rating data Broadband DSL subscribers by the rating subscribed speed megabits XX year our of on second prior XX competitors. higher, our are well megabits with driven reach average broadband per the Powerhouse-branded card. plans is beyond now download which of XX%
the year-over-year levels. pre-COVID Although churn churn to by X.XX%, than in points remains second basis XX increased quarter significantly lower
for across We Glo penetration all XX broadband Slide approximately with a rate the had second of to end total Turning at X,XXX XX.X% business. RGUs Fiber aggregate quarter markets. the our data
X.XX%, X,XXX increased to rate but year-over-year did customer number the X,XXX.Our was at churn prior Our on extremely relationships increase year quarter end customer almost an Glo over data the XX points base. small basis broadband Fiber year-over-year based to
the very continue strategy year-over-year small and Glo and ARPU to quarter. bullish edge-out service. to broadband was on our on Fiber business our down fiber be for residential churn low $XX.XX We
a adopted gig of X Fiber base, XXXX, deferred is comprises to In new this the which speed level customer subs product increase of of to for the from second beginning the XX% accounting now quarter the tier, However, revenue the an XX% of due change quarter-over-quarter. account Glo level. year overall of our X%
and with of quarter. residential as quarter released our passings same approximately mature higher passings Stanton, we We fourth first than target Glo have And new quarter to more Low now months. quarter construction penetration our the have Glo than attachment were this to municipalities of Virginia small the well construction in of the the XX% passed sales. data we approved of of and fixed goal broadband work Glo the Our multi-gigabit, approved Beam in last in of have latency respectively. reached and to constructed our almost our X,XXX On markets second approved all and franchise 'XX new and a XXX,XXX, XX.X%, rate for passings And end years. XX continue broadband rates our XX% of and respectively. was the XX,XXX markets Fiber in XX% double-play exceed and a perform is XX.X% in next business very XXXX, with add the markets surrounding depicts XX% markets counties to all low and XX% in and the in reached toward results in as plans. now quarter, penetration Engineering we our most were early only, of Fiber streaming continue our after status year. period active these Harrisonburg now passings households Glo highlighted voice the XX, Slide XXXX, of TV as we single-play Internet XXX,XXX launched we neighborhoods of have now end and customers wireless and only XX% Broadband symmetrical, to triple service. service the underway work play. bringing were X% in several XX,XXX emerging services second At Slide
of this small a cells gain a service spectrum, mid-band gigahertz standards-based fixed same quarter, sites have customers' customers. Beam wireless high XG are the commercial-grade antennas low predominantly and provide a and for and home on and licensed new completed total XX X.X now is robust technology a the gigahertz latency LTE that As sites network, and we fiber-fed. We X X.X air. towers new incumbent WiFi technology using the purpose-built outdoor Internet leveraging that ready we our We highly at Fiber reliable, reminder, second Glo in and indoor leverage cable
markets penetration this investment Beam in year. target our the now service about X.X%. the by cable of RGUs XX% households, rural currently past low-density broadband or quarter, increased options. by the available over have XX,XXX this double are number we approximately Our early-stage without areas our fiber target Internet expect to and in We We end data to and is
are numbers ARPU of by our strong our of We encouraged X% churn and $XX. approximately over
of adopting approximately second to XX tier. X/X per the megabit continue our see per We customers month, $XX speed
of XX. of as tower including intercompany XXX wireless market. includes Slide our This XG quarter, At begin X.X% upgrades network to related XX a of existing tenants, or second to new the build to primarily increased tenants, Total tenants of open XXX backlog applications for XXX. from year-over-year tenants end Turning we operations. the DISH national our orders to the they addition had their in
commercial were $XX spending continued capital provides expansion wholesale operations and approximately XXXX. Finally, Capital are our our and in million, of the Fiber $XX $X Beam Slide business, increase, increase continuing XX our current for million broadband success-based to with year-to-date year-to-date drivers legacy same through expenditures the data of penetration. and business in spending investments results and XXXX. capital Internet of the almost million in period respectively. million capital in and $XX Of the our Glo quarter time the support guidance $XX broadband growth million $XX compared our behind million in in approximately in second is for wireless fixed XXXX fiber
confirming our networks. spending guidance and We $XXX on of the are $XXX in year and as expanding aggressively fiber we broadband capital between continue our for to million invest million
spending range. ready on we are Thank capital high-end that much. we're of And Given our for construction, very Fiber likely in to now the accelerated operator, come Glo you questions.
