Anterix Deepens Collaboration with Qualcomm to Accelerate Utility Grid Connectivity

Rhea-AI Summary

Anterix (NASDAQ: ATEX) expanded its collaboration with Qualcomm to speed deployment of next‑generation private wireless for utilities on Feb 26, 2026. The work targets industrial‑grade IoT chipsets (Snapdragon SDX35-3 and SDX32-3) delivering 4G/5G over Anterix’s 900 MHz broadband, following the FCC’s 900 MHz expansion to 10 MHz. Eight utilities have selected Anterix-enabled private wireless as a foundation for grid connectivity and resilience.

Positive

• Eight utilities have selected Anterix-enabled private wireless as a foundation for next-generation grid connectivity
• Qualcomm chipsets (Snapdragon SDX35-3 and SDX32-3) developed for utility IoT use cases to deliver 4G/5G on 900 MHz
• Regulatory tailwind from the FCC's expansion of the 900 MHz band to 10 MHz supports longer-term private wireless evolution

Negative

• No financial impact, commercial terms, or implementation timelines were disclosed for the Qualcomm collaboration

News Market Reaction – ATEX

-0.66%

1 alert

-0.66% News Effect

On the day this news was published, ATEX declined 0.66%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Utilities on platform: 8 utilities Spectrum band: 900 MHz 5G connectivity: 5G +5 more

8 metrics

Utilities on platform 8 utilities Utilities that have selected Anterix-enabled private wireless

Spectrum band 900 MHz Anterix broadband platform for private wireless

5G connectivity 5G Roadmap for utilities via Qualcomm IoT modems

Band expansion 10 MHz FCC expansion of 900 MHz broadband segment referenced in quote

Share price $36.45 Pre-news price on publication date

Daily move -4.13% Price change over the prior 24 hours

52-week high $39.62 Upper end of 52-week trading range

52-week low $17.58 Lower end of 52-week trading range

Market Reality Check

Price: $36.91 Vol: Volume 395,813 is below 2...

low vol

$36.91 Last Close

Volume Volume 395,813 is below 20-day average 573,130 (relative volume 0.69). low

Technical Price 36.45 is trading above the 200-day MA at 23.72 and 8% below the 52-week high 39.62.

Peers on Argus

ATEX was down 4.13% while key peers were mixed: SIFY -2.41%, CABO -1.6%, SHEN +0...

ATEX was down 4.13% while key peers were mixed: SIFY -2.41%, CABO -1.6%, SHEN +0.59%, ATUS +1.7%, WOW 0%, suggesting a stock-specific move rather than a broad telecom trend.

Common Catalyst One peer, SHEN, reported earnings today, but there is no broad sector news linking movements.

Previous Partnership Reports

1 past event · Latest: Aug 06 (Positive)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Aug 06	Utility partnership	Positive	+2.1%	NRTC deal enabling 900 MHz private networks for rural electric cooperatives.

Pattern Detected

Limited but consistent history shows prior partnership news coinciding with a modest positive move of 2.13%.

Recent Company History

This announcement extends Anterix’s strategy of leveraging partnerships to expand adoption of its 900 MHz private wireless platform. In August 2024, a partnership with NRTC opened access to cooperatives across 48 states, supporting private, secure, and resilient 900 MHz networks. The new Qualcomm collaboration similarly targets utility connectivity and grid modernization, reinforcing Anterix’s role as a spectrum and platform provider for utility-led private networks.

Historical Comparison

+2.1% avg move · Past partnership news for ATEX, such as the 2024 NRTC agreement, saw an average move of 2.13%, frami...

partnership

+2.1%

Average Historical Move partnership

Past partnership news for ATEX, such as the 2024 NRTC agreement, saw an average move of 2.13%, framing expectations for market sensitivity to similar collaborations.

Partnership strategy has evolved from NRTC’s broad cooperative access in 2024 to deeper technology collaboration with Qualcomm, both centered on scaling private 900 MHz utility networks.

Market Pulse Summary

This announcement deepens Anterix’s role in utility private wireless by pairing its 900 MHz spectrum...

Analysis

This announcement deepens Anterix’s role in utility private wireless by pairing its 900 MHz spectrum platform with Qualcomm’s industrial IoT modems to enable 4G and 5G at the grid edge. With 8 utilities already on Anterix-enabled networks, investors may track how quickly new chipsets are adopted across the ecosystem. Prior partnership news produced a 2.13% move, highlighting that collaboration milestones are a key driver of sentiment.

Key Terms

private wireless, iot, chipsets, cellular connectivity, +3 more

7 terms

private wireless technical

"Anterix-enabled Private Wireless NetworksWOODLAND PARK, N.J., Feb. 26, 2026 -- Anterix..."

A private wireless network is a dedicated cellular-style network—often using LTE or 5G—built for a single organization to provide secure, high-speed connectivity across its sites. Think of it as a private road for data that keeps traffic fast and controlled compared with the public internet. Investors care because these networks can cut operating costs, enable new digital services, improve reliability and security, and create revenue or efficiency gains that affect a company’s growth and risk profile.

iot technical

"development of new industrial-grade IoT chipsets optimized specifically for utility use..."

The Internet of Things (IoT) describes a network of everyday devices—such as appliances, vehicles, and equipment—that are connected to the internet and can share data automatically. For investors, IoT represents a growing trend that can drive efficiency and innovation across many industries, potentially creating new opportunities for growth and value. Its expansion influences how companies operate and compete in a digitally connected world.

chipsets technical

"development of new industrial-grade IoT chipsets optimized specifically for utility use..."

Chipsets are groups of electronic circuits on a computer board or inside a device that coordinate how the processor, memory, sensors and other parts work together—think of them as the device’s traffic controller or the transmission in a car that links engine to wheels. They matter to investors because chipset design and availability influence product performance, cost, power use, compatibility and supply-chain risk, which in turn affect sales, profit margins and a company’s competitive position.

cellular connectivity technical

"IoT Modems will deliver 4G and 5G cellular connectivity on Anterix’s 900 MHz..."

Cellular connectivity is the wireless link that lets phones, tablets, sensors and other devices send and receive voice and data through a network of radio towers and provider infrastructure, similar to how roads let cars travel between places. It matters to investors because the quality, coverage and capacity of that link determine consumer and business demand, recurring service revenue, device sales and the need for network investment, all of which affect company earnings and growth prospects.

grid-edge technical

"AMI 2.0 and grid-edge solutions demonstrate how utility-owned private wireless..."

Grid-edge describes the collection of devices and services located where homes and businesses connect to the power system — for example rooftop solar, batteries, electric vehicle chargers, smart meters and local energy controls. It matters to investors because these technologies change how electricity is bought, sold and managed, creating new revenue streams, shifting utility spending and affecting resilience; think of it as adding backyard workshops that let neighborhoods produce, store or manage power instead of relying only on a distant factory.

broadband spectrum technical

"market leader in mission-critical private wireless broadband spectrum for the utility sector..."

Broadband spectrum is the range of radio frequencies used to carry high-speed internet and phone data wirelessly; think of it as the lanes on a highway reserved for digital traffic. For investors, ownership or access to broader, higher-quality spectrum is a key competitive asset because it determines how much data a provider can handle, how fast services can be offered, and therefore how well a company can attract customers and generate revenue.

modems technical

"Snapdragon SDX35-3 and SDX32-3 IoT Modems will deliver 4G and 5G cellular..."

Modems are devices that translate digital data from computers and other electronics into signals that can travel over phone lines, cable, fiber or wireless networks, and then convert incoming signals back into digital form for the device to use. For investors, modem demand and technology shifts signal changes in connectivity needs, recurring revenue or equipment spending, and exposure to supply-chain or upgrade cycles—like the postal worker who enables digital messages to reach their destination.

AI-generated analysis. Not financial advice.

Collaboration Advances a Scalable Path to 5G for Anterix-Enabled Private Wireless Networks

WOODLAND PARK, N.J., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Anterix (NASDAQ: ATEX), the market leader in mission-critical private wireless broadband spectrum for the utility sector, today announced an expanded collaboration with Qualcomm Technologies Inc. to accelerate adoption of next-generation connectivity for utilities and critical infrastructure operators nationwide.

The collaboration underscores Anterix’s role in moving the utility industry beyond spectrum access to a complete private wireless connectivity platform — one that enables utilities to deploy, operate, and evolve private wireless broadband networks that support safer operations, greater resilience, and long-term grid modernization.

“Utilities and other critical infrastructure industries are essential to the nation’s security and economic vitality,” said Vivek Khanna, Vice President of Product Management at Qualcomm. “By collaborating with Anterix, the market leader in private broadband connectivity for utilities, Qualcomm is reinforcing our commitment to the utility market and giving utilities access to the chipset innovation needed to build a more secure, resilient, and connected energy future.”

A key outcome of the collaboration between Anterix and Qualcomm is the development of new industrial-grade IoT chipsets optimized specifically for utility use cases at scale. Qualcomm’s Snapdragon SDX35-3 and SDX32-3 IoT Modems will deliver 4G and 5G cellular connectivity on Anterix’s 900 MHz broadband platform, enabling greater distributed intelligence, operational visibility, and resilient communications at the grid edge. To date, eight utilities have selected Anterix-enabled private wireless as the foundation for next-generation grid connectivity.

“By joining forces with Qualcomm, we are giving utilities a clear, scalable roadmap to 5G — one that delivers immediate operational value while supporting long-term network evolution,” said Carlos L’ Abbate, Chief Technology & Engineering Officer at Anterix. “Building on the FCC's decision to expand the 900 MHz band to 10 MHz, this collaboration further future-proofs the adoption of private wireless, with Anterix-enabled networks serving as a foundation for smarter operations, stronger resilience, and a future-ready energy system.”

The Snapdragon SDX35-3 IoT Cellular Modem already is being incorporated by members of the Anterix Active Ecosystem, including Easymetering, whose AMI 2.0 and grid-edge solutions demonstrate how utility-owned private wireless can support electrification, distributed energy resources, and enhanced customer engagement—while maintaining the reliability and security utilities require.

Shareholder Contact 

Natasha Vecchiarelli  
Vice President, Investor Relations & Corporate Communications  
Anterix 
973-531-4397  
nvecchiarelli@anterix.com 

Media Contact

Paul Gaige
Senior Vice President
Burson
504-957-1434
Paul.Gaige@bursonglobal.com

About Anterix

Anterix is transforming how critical infrastructure stays connected. As the market leader in mission-critical private wireless broadband spectrum, Anterix delivers more secure, private 900 MHz licensed spectrum and advanced intelligent infrastructure solutions that enhance efficiency, strengthen resilience, and accelerate digital transformation. Backed by a growing ecosystem of industry-leading partners, Anterix provides the connectivity foundation that powers a more resourceful and resilient future. Learn more at www.anterix.com.

Forward-Looking Statements

Certain statements contained in this press release may constitute forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include statements that may predict, forecast, indicate or imply future events or achievements such as statements in this press release related to Anterix’s business, plans and opportunities. Any such forward-looking statements are based on the current expectations of Anterix's management and are subject to a number of risks and uncertainties that could cause Anterix's actual future results to differ materially from those implied by the forward-looking statements. These risks and uncertainties are identified and described in more detail in Anterix's most recent filings on Forms 10-K and 10-Q and in other filings that it makes with the SEC from time to time. These documents are available on Anterix's website at www.anterix.com under the Investor Relations section and on the SEC's website at www.sec.gov. Accordingly, you should not rely upon forward-looking statements as predictions of future events. Except as required by applicable law, Anterix undertakes no obligation to update publicly or revise any forward-looking statements contained herein.

FAQ

What did Anterix (ATEX) announce with Qualcomm on February 26, 2026?

They expanded a collaboration to accelerate private wireless 4G/5G connectivity for utilities using Qualcomm chipsets. According to the company, the work centers on Snapdragon SDX35-3 and SDX32-3 IoT modems for Anterix’s 900 MHz broadband platform to support grid-edge resilience.

How will Qualcomm’s Snapdragon SDX35-3 and SDX32-3 affect Anterix (ATEX) networks?

They enable industrial-grade 4G/5G cellular connectivity on Anterix’s 900 MHz broadband for utility use cases. According to the company, these modems aim to deliver distributed intelligence, operational visibility, and resilient communications at the grid edge.

How many utilities have adopted Anterix-enabled private wireless as of the announcement?

Eight utilities have selected Anterix-enabled private wireless for next-generation grid connectivity. According to the company, those selections position Anterix networks as a foundation for smarter operations, resilience, and future 5G evolution.

Does the Anterix–Qualcomm collaboration rely on any regulatory changes?

Yes, it builds on the FCC’s expansion of the 900 MHz band to 10 MHz to support private broadband evolution. According to the company, that regulatory action helps future-proof private wireless adoption for utilities.

Will the collaboration between Anterix (ATEX) and Qualcomm change utility network timelines or costs?

The announcement did not provide specific timelines or cost figures for deployments or upgrades. According to the company, the collaboration focuses on chipset development and a scalable roadmap to 5G rather than immediate commercial terms.