Anterix Inc Stock Price, News & Analysis

On May 10, 2021, Anterix (NASDAQ: ATEX) launched the Anterix Active Ecosystem Program in collaboration with 37 technology companies to promote private LTE at 900 MHz for the electric grid. The initiative aims to enhance the development of 900 MHz solutions, providing utilities with secure and resilient broadband options. With eleven FCC-granted Experimental Licenses, and contracts with Ameren and San Diego Gas & Electric, this program signals significant momentum in the utility sector's move towards private broadband.

4RF announced FCC approval for its Aprisa LTE router to operate in Anterix Band 8 spectrum, enhancing private LTE networks for utilities and critical infrastructure. This router delivers high penetration and long-distance capabilities, supporting dual SIMs for flexibility between private and public networks. It features built-in Wi-Fi and SFP transceiver support, designed for durability in harsh environments. With a focus on security and optimized performance, the Aprisa LTE caters to the growing demand for robust communication in sectors such as energy and telecommunications.

4RF announced FCC approval for its Aprisa LTE router to operate in Anterix Band 8 spectrum, enhancing private LTE networks for critical infrastructure. The device features high authorized power for better penetration and long-distance capabilities, making it suitable for utility applications. Key innovations include dual SIM support, built-in Wi-Fi, and robust security features. 4RF's products are currently utilized by major utilities in the U.S., enhancing operational efficiency and connectivity in challenging environments.

Anterix (NASDAQ: ATEX) has appointed Carlos Eduardo L'Abbate as Chief Technology Officer to spearhead the deployment of 900 MHz private broadband networks for utilities and critical infrastructure in the U.S. With experience from FirstNet Authority and Nextel International, L'Abbate aims to leverage Anterix's extensive spectrum holdings to modernize grid operations. This strategic move comes as Anterix announces its initial customer agreements, highlighting the company's commitment to serving critical infrastructure sectors.

Anterix Inc. (NASDAQ: ATEX) has appointed Mahvash Yazdi to its Board of Directors, effective February 18, 2021. Yazdi brings over 40 years of experience in the utility sector, information technology, and telecommunications, serving as the former senior vice president and CIO of Edison International. Her expertise includes cyber security and business transformation. Anterix Chairman Morgan O'Brien expressed confidence that Yazdi's background aligns perfectly with the company’s mission to provide private LTE communications networks amid grid modernization efforts in the utility sector.

Anterix (NASDAQ: ATEX) will announce its third-quarter fiscal 2021 financial results on February 8, 2021, after market close. A follow-up investor conference call is scheduled for 4:15 p.m. ET the same day, accessible via 888-267-2845 with conference code 515024. The call's replay will be available on Anterix's website. Anterix specializes in private broadband services, facilitating the modernization of critical infrastructure, and is the largest holder of licensed spectrum in the 900 MHz band across the contiguous U.S., Hawaii, Alaska, and Puerto Rico.

Xcel Energy has announced plans to implement a 900 MHz private wireless broadband network using Anterix's spectrum, intended to enhance response times for electric outages and support smart meters. The network, deployed by Motorola Solutions, will be operational at two sites in Minneapolis and aims to bolster grid security and communication. This initiative follows recent FCC actions allowing infrastructure providers to establish private networks, ultimately benefiting customers through improved service and advanced technology integration.

Anterix (NASDAQ: ATEX) announced its first long-term 900 MHz broadband spectrum lease agreements with Ameren Corporation, covering its service territories. An investor conference call is scheduled for December 21, 2020, at 9:00 am ET to discuss the transaction. Participants can join by calling 888-267-2845 with the conference code 852444. A replay will be available on Anterix's Investor Relations page. Anterix focuses on providing private broadband for critical infrastructure across various sectors, holding the largest licensed spectrum in the 900 MHz band in the U.S.

Anterix (NASDAQ: ATEX) announced a significant milestone with its first long-term 900 MHz broadband spectrum lease agreements with Ameren Corporation, covering service territories in Illinois and Missouri for 30 years. This collaboration aims to deploy a private LTE network, enhancing digital transformation and benefiting millions of Ameren customers. The agreements will provide Ameren with enhanced communications capabilities, supporting the utility's goal of transitioning over 20 legacy networks to a single platform for improved electric grid reliability and security.