Ericsson, GE Vernova, and Nokia Offering High-Value Incentives to Utilities via AnterixAccelerator™ to Enhance 900 MHz Spectrum Offering
Rhea-AI Summary
Anterix (NASDAQ: ATEX) announced an expansion of its AnterixAccelerator™ initiative through collaboration with Ericsson, GE Vernova, and Nokia. These industry leaders are offering high-value incentives and bundled services to utilities implementing 900 MHz private wireless networks.
The AnterixAccelerator program, launched in March, aims to accelerate the adoption of private wireless networks for utility grid modernization. Over 15 leading utilities, along with existing Anterix customers and Anterix Active Ecosystem® members, are actively participating in this initiative.
The collaboration focuses on enhancing grid communications infrastructure, with GE Vernova offering incentives on MDS Orbit Gateway, Core, and RAN solutions, while Nokia provides LTE and 5G standards-based technology solutions. The initiative supports utilities in their digital transformation journey, emphasizing security, resilience, safety, and reliability in grid operations.
Positive
- Strategic partnership with major industry leaders Ericsson, GE Vernova, and Nokia enhances service offering
- Strong market adoption with 15+ leading utilities actively participating
- Expansion of existing successful program indicates growing market traction
Negative
- None.
Insights
This strategic partnership expansion represents a significant enhancement to Anterix's go-to-market approach for their 900 MHz spectrum licenses. By bringing together industry giants Ericsson, GE Vernova, and Nokia to offer incentives through the AnterixAccelerator program, Anterix is effectively removing adoption barriers that have traditionally slowed utility implementations of new communications infrastructure.
The participation of over 15 utilities signals growing market acceptance, which is crucial for Anterix's business model that relies on long-term spectrum leases. What makes this particularly compelling is the comprehensive value chain coverage: Ericsson and Nokia providing telecom expertise and infrastructure components, while GE Vernova brings utility-specific knowledge and solutions like their MDS Orbit Gateway.
This collaboration addresses a critical challenge in the utility sector - the need for reliable private wireless networks to support grid modernization while maintaining full control over communications infrastructure. The bundled incentives should accelerate adoption decisions by reducing implementation complexity and potentially lowering initial costs, though specific financial terms remain undisclosed.
For Anterix investors, this partnership validates their spectrum asset strategy and could accelerate the conversion of interested utilities into revenue-generating customers. The involvement of these established players also creates a more complete ecosystem around Anterix's spectrum offering, strengthening their competitive position against alternative private network solutions.
This expanded collaboration represents a carefully orchestrated approach to overcome the traditionally conservative adoption cycle in utility infrastructure. By bundling incentives from leading technology providers, Anterix is addressing the primary hurdles to private network deployment: implementation complexity, interoperability concerns, and investment justification.
The strategic value lies in how this positions 900 MHz private wireless networks as a foundation for broader grid modernization efforts. Utilities face unprecedented challenges managing distributed energy resources, implementing advanced monitoring, and enhancing grid resilience - all requiring robust communications infrastructure. GE Vernova's offering of bundled MDS Orbit solutions is particularly noteworthy as it creates a more complete technical package tailored to utility requirements.
The alignment of these partners creates a comprehensive implementation pathway that spans network design through operational integration. For participating utilities, this reduces the technical risk associated with deploying private wireless networks while potentially accelerating their digital transformation timelines.
From an adoption perspective, having these established providers standardize around Anterix's 900 MHz spectrum creates momentum that could establish this as the preferred approach for utility communications modernization. The creation of this formal coalition significantly strengthens Anterix's position as the spectrum provider of choice for the utility sector, potentially accelerating their spectrum leasing timeline and strengthening their business model.
Strategic Collaboration Boosts Value for Participating Utilities in Transforming the Power Grid
WOODLAND PARK, N.J., April 10, 2025 (GLOBE NEWSWIRE) -- Anterix (NASDAQ: ATEX), the leading provider of private wireless broadband spectrum for utilities, announced today that a group of world-class companies driving the nationwide deployment of 900 MHz networks – including Ericsson (NASDAQ: ERIC), GE Vernova (NYSE: GEV), and Nokia (NYSE: NOK) – are expanding their collaboration within the AnterixAccelerator™ initiative. These organizations are collectively offering high-value incentives to utilities in the form of bundled or cost-effective services that take advantage of this time-sensitive opportunity through the AnterixAccelerator program.
Launched in March, AnterixAccelerator is designed to expedite the adoption of 900 MHz private wireless networks by utilities, helping them accelerate the digital transformation of the power grid and enhance the integration of critical connected intelligence into the control room. More than 15 of the nation’s leading utilities, alongside current Anterix utility customers and members of the Anterix Active Ecosystem® (AAE), are actively participating, furthering their commitment to the 900 MHz private wireless broadband revolution.
“This groundbreaking collaboration is paving the way for a new era of utility innovation and reliability, propelling us toward a smarter, more connected energy future. With the support of Ericsson, GE Vernova, and Nokia, we are combining technology and human insight to create a more resilient, sustainable, and intelligent energy landscape for generations to come,” said Anterix President & CEO Scott Lang. “Through this partnership, we’re establishing the strategic foundation for the long-term future of utility grid communications.”
The announcement received praise from leaders of Ericsson, GE Vernova, and Nokia, all of whom are deepening their involvement in the AnterixAccelerator initiative:
Dana Jaber, Vice President and Head of Utilities, Ericsson Americas said: “Private broadband networks are a key driver in the digital transformation of utilities, enabling the integration of diverse use cases. By enhancing the value of the AnterixAccelerator initiative, we are empowering utilities to own and operate these networks to meet their critical needs on security, resilience, safety and reliability.”
Bryan Friehauf, GE Vernova’s Grid Automation North America GM, said: “We are proud to support the AnterixAccelerator program and collaborate with utilities as they modernize the grid through critical communication infrastructure enhancements, including the implementation of Anterix 900 MHz private wireless networks. Today, as part of the Anterix program, we deepen our commitment to supporting utilities starting their PLTE journey by offering incentives on affordable bundles of GE Vernova’s MDS Orbit Gateway, Core, and RAN solutions.”
Jeff Pittman, Head of Enterprise, Mobile Networks, for Nokia North America said: “We have been a trusted partner in modernizing the communications infrastructure of utilities, supporting their TDM to IP/MPLS transition for the last two decades. Our collaboration with the AnterixAccelerator initiative is a natural progression in advancing utilities’ digital transformation with the adoption of 900 MHz private wireless broadband. Our transformative and scalable technology solutions are based on open, future-proof LTE and 5G standards as well as IP/MPLS services, providing a uniform platform to unite the utility industry across the nation.”
Shareholder Contact
Natasha Vecchiarelli
Vice President, Investor Relations & Corporate Communications
Anterix
973-531-4397
nvecchiarelli@anterix.com
Media Contact
Paul Gaige
Vice President
Burson
504-957-1434
Paul.Gaige@bursonglobal.com
About Anterix
At Anterix, we partner with leading utilities and technology companies to harness the power of 900 MHz broadband for modernized grid solutions. Leading an ecosystem of more than 100 members, we offer utility-first solutions to modernize the grid and solve the challenges that utilities are facing today. As the largest holder of licensed spectrum in the 900 MHz band (896-901/935-940 MHz) throughout the contiguous United States, plus Alaska, Hawaii, and Puerto Rico, we are uniquely positioned to enable private wireless broadband solutions that support cutting-edge advanced communications capabilities for a cleaner, safer, and more secure energy future. To learn more and join the 900 MHz movement, please visit www.anterix.com.
FAQ
What is the purpose of Anterix's AnterixAccelerator initiative with Ericsson, GE Vernova, and Nokia?
How many utilities are participating in the ATEX AnterixAccelerator program?
What specific solutions is GE Vernova offering through the ATEX collaboration?
What technology solutions is Nokia providing in the ATEX AnterixAccelerator partnership?
